BrokerTec reports rise in US and European repo activity during December
06 January 2021 US
Image: AdobeStock/Vitalii Vodolazskyi
BrokerTec has recorded a 31 per cent YoY increase in average daily notional value for US repo activity, with ADNV rising to US$257 billion in December, according to recently posted trading results from CME Group.
European repo average daily notional value rose 1 per cent to €257 billion over the same period.
Overall average daily volume traded through CME Group rose to a record 19.6 million contracts during 2021, a 3 per cent rise on 2020.
More specifically, interest rate futures and options volume grew by 15 per cent during 2021, headed by a 212 per cent rise in SOFR futures contracts and a 46 per cent increase in 10-year US Treasury Note contracts, with both asset classes hitting record ADV levels during 2021.
The Chicago-based derivatives exchange indicates that average daily volume traded outside of the US rose by 4 per cent YoY to 5.5 million contacts for 2021, driven by 5 per cent growth in both Asia and Latin America and 3 per cent growth in EMEA.
It also reported record bitcoin ADV of 10,105 contracts for 2021, a 13 per cent increase YoY.
European repo average daily notional value rose 1 per cent to €257 billion over the same period.
Overall average daily volume traded through CME Group rose to a record 19.6 million contracts during 2021, a 3 per cent rise on 2020.
More specifically, interest rate futures and options volume grew by 15 per cent during 2021, headed by a 212 per cent rise in SOFR futures contracts and a 46 per cent increase in 10-year US Treasury Note contracts, with both asset classes hitting record ADV levels during 2021.
The Chicago-based derivatives exchange indicates that average daily volume traded outside of the US rose by 4 per cent YoY to 5.5 million contacts for 2021, driven by 5 per cent growth in both Asia and Latin America and 3 per cent growth in EMEA.
It also reported record bitcoin ADV of 10,105 contracts for 2021, a 13 per cent increase YoY.
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
