Eurex Repo reports both GC Pooling and Repo markets volumes are down
05 February 2021 Germany
Image: Ehcalahim/adobe.stock.com
Eurex Repo, the marketplace for secured funding and financing, has reported that volumes were down in January for both the GC Pooling and Repo markets, compared to January 2020.
The average monthly term-adjusted volume for GC Pooling was €62.7 billion for last month, a 32 per cent decrease compared to the same period in 2020 which was recorded at €91.5 billion.
The Repo Market also saw a 11 per cent decline last month which was recorded at €60.4 billion compared to January 2021 which was €67.9 billion.
Elsewhere, in Eurex’s over-the-counter market, notional outstanding volume grew 20 per cent year-on-year (YoY) in January, from €17 billion in 2020 to €20.3 billion – while average daily cleared volumes grew by 4 per cent across the same period.
Overall, the number of traded financial derivatives contracts at Eurex shows a mixed picture in January, with volumes up for European interest rate derivatives and down for European equity index and European equity derivatives.
This caused a total reduction in volume of 11 per cent, which Eurex says was partly driven by the two less trading days last month compared to January 2020 – 20 compared to 22.
The average monthly term-adjusted volume for GC Pooling was €62.7 billion for last month, a 32 per cent decrease compared to the same period in 2020 which was recorded at €91.5 billion.
The Repo Market also saw a 11 per cent decline last month which was recorded at €60.4 billion compared to January 2021 which was €67.9 billion.
Elsewhere, in Eurex’s over-the-counter market, notional outstanding volume grew 20 per cent year-on-year (YoY) in January, from €17 billion in 2020 to €20.3 billion – while average daily cleared volumes grew by 4 per cent across the same period.
Overall, the number of traded financial derivatives contracts at Eurex shows a mixed picture in January, with volumes up for European interest rate derivatives and down for European equity index and European equity derivatives.
This caused a total reduction in volume of 11 per cent, which Eurex says was partly driven by the two less trading days last month compared to January 2020 – 20 compared to 22.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
