Eurex Repo sees volume uptick
05 March 2021 Germany
Image: Eurex logo
Eurex Repo, the secured funding and financing venue, saw trading volumes in its repo market increase 13 per cent compared to February 2020, while GC Pooling volumes declined.
Average monthly term-adjusted volume in Eurex’s repo market reached €88.4 billion last month, up from €78.6 billion in February 2020, representing a 13 per cent increase.
GC Pooling was down 27 per cent year-on-year (YoY), with volumes of €81.4 billion last month, compared with €111.6 billion.
Elsewhere, the positive trend in over-the-counter clearing at Eurex continued in February.
Notional outstanding volume grew by 10 per cent YoY to €19,903 billion in February 2021 while average daily cleared volume increased by 15 per cent across the same period.
Longer dated interest rate swaps saw the largest increase, up 44 percent – from €12 billion in February 2020 to €18 billion in February 2021.
Average monthly term-adjusted volume in Eurex’s repo market reached €88.4 billion last month, up from €78.6 billion in February 2020, representing a 13 per cent increase.
GC Pooling was down 27 per cent year-on-year (YoY), with volumes of €81.4 billion last month, compared with €111.6 billion.
Elsewhere, the positive trend in over-the-counter clearing at Eurex continued in February.
Notional outstanding volume grew by 10 per cent YoY to €19,903 billion in February 2021 while average daily cleared volume increased by 15 per cent across the same period.
Longer dated interest rate swaps saw the largest increase, up 44 percent – from €12 billion in February 2020 to €18 billion in February 2021.
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