Derivatives Fall, While Repo Rises at Eurex in February

Eurex Group’s average daily volume in February for international derivatives markets dropped around 9% from 8.7 million contracts in February 2013 to 7.9 million in February 2014.

Of those average daily contracts, 5.4 million came from Eurex Exchange, compared to 6.3 million Eurex Exchange contracts in February 2013. The remaining contracts were traded at the U.S.-based International Securities Exchange (ISE), which only dropped by 0.1 million year over year. (Feb 2013: 2.7 million).

While derivatives contracts dropped across the board, from the equity index segment to interest rate derivatives, Eurex Repo saw gains in February. The repo division, which operates Swiss Franc, Euro Repo and GC Pooling markets, recorded 228.3 billion euros average outstanding volume in all repo markets, compared to 213 billion euros in February 2013, a 7% increase. Of these markets, the Euro Repo Market had the best month, increasing by 43% year over year with a total average outstanding volume of 41.7 billion euros, compared to 29.2 billion euros in February 2013.