Eurex Repo鈥檚 GC Pooling market sees double-digit growth
Latest news
Eurex Repo鈥檚 GC Pooling market sees double-digit growth 10 June 2020Frankfurt Reporter: Natalie Turner
Image: ITTIGallery/Shutterstock.com
Eurex Repo, the electronic marketplace for secured funding and financing, has reported that its GC Pooling marketplace saw an 81 percent year-on-year increase in May.
The Deutsche Boerse subsidiary garnered 鈧�102.5 billion of average term-adjusted volume compared to 鈧�56.2 billion in May 2019.
Elsewhere, the global derivatives exchange revealed all classes of financial derivatives at Eurex declined year-to-year in May. Eurex attributed the downturn to effects of the ongoing pandemic, including reduced interest rates, as well as the exceptionally high volume experienced during this period last year.
The largest fall was in European equity derivatives, which was down 58 percent year-on-year.
Meanwhile, the over-the-counter (OTC) clearing space reported strong figures with notional outstanding and average daily cleared volumes were up 24 percent and 42 percent, respectively, in May compared to the same month last year.
According to Eurex, interest rates swaps were a standout performer, with average daily cleared volumes up 84 percent year-on-year in May.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities 麻豆影视传媒 Times
Image: ITTIGallery/Shutterstock.com 