Eurex Repo speaks volumes
07 January 2020 Frankfurt
Image: Shutterstock
Eurex Repo, Eurex’s electronic market for secured funding and financing, has recorded its third consecutive month of double-digit volumes growth in its GC Pooling in December 2019.
Volumes were up 37.7 percent, hitting €48.2 billion, at the end of the year. This followed increases of 45 percent and 42 percent in November and October, respectively.
In 2019 as a whole compared to 2018, GC Pooling’s average outstanding volumes rose 20.5 percent to €44.6 billion in GC Pooling, while Repo Market average volumes rose 1.8 percent to €57.1 billion.
Eurex Repo, which offers clients a marketplace for international over-the-counter (OTC) repo transactions, also saw notional outstanding volumes increase by 62.85 percent in December, representing €12,886 billion, while average daily cleared volumes soared by 143.54 percent, to peak at €58 billion in December.
Volumes were up 37.7 percent, hitting €48.2 billion, at the end of the year. This followed increases of 45 percent and 42 percent in November and October, respectively.
In 2019 as a whole compared to 2018, GC Pooling’s average outstanding volumes rose 20.5 percent to €44.6 billion in GC Pooling, while Repo Market average volumes rose 1.8 percent to €57.1 billion.
Eurex Repo, which offers clients a marketplace for international over-the-counter (OTC) repo transactions, also saw notional outstanding volumes increase by 62.85 percent in December, representing €12,886 billion, while average daily cleared volumes soared by 143.54 percent, to peak at €58 billion in December.
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