Eurex Repo average daily volume rises 75% YoY for December
05 January 2024 Europe
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Trading volumes on Eurex Repo, the electronic market for secured financing, have increased by 75 per cent year-on-year (YoY) to €314.0 billion for December.
This YoY growth was driven by a 105 per cent YoY increase in GC Pooling average daily term-adjusted volume to €138.3 billion and 57 per cent YoY growth in special repo average daily volume to €175.7 billion.
These figures supported the total average daily term-adjusted repo volume for 2023, which increased by 70 per cent YoY to €357.8 billion.
The GC pooling market grew by 142 per cent YoY to €158.9 billion for 2023, while the specials repo market grew by 38 per cent YoY to €198.9 billion.
For OTC derivatives clearing, notional outstanding volumes have risen 14 per cent YoY to €29,943 billion for the month of December.
This growth has been driven by an 8 per cent YoY expansion in notional outstanding for interest-rate swaps to €13,971 billion for December, of which overnight index swap clearing volumes have risen 24 per cent YoY to €3,140 billion.
Average daily cleared volumes through Eurex Clearing were up 22 per cent YoY for the month to €145 billion.
This features a 28 per cent YoY increase in average daily cleared volume to €28 billion for interest rate swaps, with overnight index swaps average daily cleared volume up 51 per cent YoY for December to €24 billion.
This YoY growth was driven by a 105 per cent YoY increase in GC Pooling average daily term-adjusted volume to €138.3 billion and 57 per cent YoY growth in special repo average daily volume to €175.7 billion.
These figures supported the total average daily term-adjusted repo volume for 2023, which increased by 70 per cent YoY to €357.8 billion.
The GC pooling market grew by 142 per cent YoY to €158.9 billion for 2023, while the specials repo market grew by 38 per cent YoY to €198.9 billion.
For OTC derivatives clearing, notional outstanding volumes have risen 14 per cent YoY to €29,943 billion for the month of December.
This growth has been driven by an 8 per cent YoY expansion in notional outstanding for interest-rate swaps to €13,971 billion for December, of which overnight index swap clearing volumes have risen 24 per cent YoY to €3,140 billion.
Average daily cleared volumes through Eurex Clearing were up 22 per cent YoY for the month to €145 billion.
This features a 28 per cent YoY increase in average daily cleared volume to €28 billion for interest rate swaps, with overnight index swaps average daily cleared volume up 51 per cent YoY for December to €24 billion.
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