Eurex Repo’s 2015 volumes reveal a slight dip from its record year just 12 months earlier.
Average outstanding volumes of €172.8 billion were recorded compared to €199.5 billion in 2014, while the secured money market GC pooling posted outstanding volumes of €140.9 billion compared to €158.5 billion in the previous year.
In 2014, Eurex celebrated a breakthrough year for its repo service. The exchange group started with the first two corporates to its GC Pooling Select Invest market segment, expanded its currency coverage and rolled out its new F7 trading system.
There was talk during 2015 of a lack in supply of high-quality assets affecting volumes and liquidity in the repo market, amid more stringent capital and collateral rules.
The news of the dip follows the announcement that Eurex Repo and Eurex Clearing will be linked with Clearstream to provide a new agency lending service.
“This joint effort will be beneficial for the liquidity and attractiveness of our electronic SecLend market. Especially the full automation of this service with complete straight-through processing is a unique feature and appreciated by our users to increase trading efficiency,” said Frank Gast, Managing Director Eurex Repo.