Eurex Repo faces 23% YoY decline in ADV for September
07 October 2024 Europe
Image: StockerThings/stock.adobe.com
Trading volumes on Eurex Repo declined 23 per cent year-over-year (YoY) to €303.9 billion for September, in average daily term-adjusted volume.
This figure was driven by a decline in average daily term-adjusted volume for GC Pooling and special repo.
Special repo was down 16 per cent YoY to €164.2 billion, and GC Pooling fell 29 per cent YoY to €139.6 billion.
For OTC derivatives clearing, notional outstanding volumes have risen 13 per cent YoY to €34,115 billion.
Contributing to this was a 12 per cent YoY increase in notional outstanding for interest-rate swaps to €15,374 billion for the month, of which overnight index swaps clearing volumes have risen 39 per cent YoY to €4,002 billion.
Eurex Clearing saw a 38 per cent YoY spike in average daily cleared volumes for September to €196 billion.
This features a 70 per cent YoY jump in average daily cleared volume for interest rate swaps to €24 billion, and a 15 per cent YoY rise in overnight index swaps average daily cleared volume to €21 billion.
This figure was driven by a decline in average daily term-adjusted volume for GC Pooling and special repo.
Special repo was down 16 per cent YoY to €164.2 billion, and GC Pooling fell 29 per cent YoY to €139.6 billion.
For OTC derivatives clearing, notional outstanding volumes have risen 13 per cent YoY to €34,115 billion.
Contributing to this was a 12 per cent YoY increase in notional outstanding for interest-rate swaps to €15,374 billion for the month, of which overnight index swaps clearing volumes have risen 39 per cent YoY to €4,002 billion.
Eurex Clearing saw a 38 per cent YoY spike in average daily cleared volumes for September to €196 billion.
This features a 70 per cent YoY jump in average daily cleared volume for interest rate swaps to €24 billion, and a 15 per cent YoY rise in overnight index swaps average daily cleared volume to €21 billion.
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