Trading volumes on Eurex Repo, the electronic market for secured financing, have increased by 7 per cent year-on-year (YoY) to €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 €338.9 billion for January
The report notes “modest growth” 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’s clearance and settlement of specified secondary market transactions
Panellists at this year’s Securities Finance Technology Symposium in London discussed the future of the repo market, as well as the advancement of alternative repo models such as sponsored repo and peer-to-peer lending