Trading volumes on Eurex Repo, the electronic market for secured financing, have increased by 7 per cent year-on-year (YoY) to 鈧346.8 billion for February
05 February 2024Europe, US Reporter: Sophie Downes
For rates trades, US government bond ADV was up 33.7 per cent YoY to US$182.1 billion, with European government bond ADV rising 18.5 per cent YoY to US$50.1 billion
Trading volumes on Eurex Repo, the electronic market for secured financing, have increased by 33 per cent year-on-year (YoY) to 鈧338.9 billion for January
The report notes 鈥渕odest growth鈥 in the outstanding value of the ex-Japan APAC repo market but declining turnover, reflecting more longer-term transactions
The rule changes provide an update to the membership standards required of covered clearing agencies for the US Treasury market, with respect to a member鈥檚 clearance and settlement of specified secondary market transactions