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03 January 2013
Frankfurt
Reporter Georgina Lavers

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Repo flying but trading volume dips at Eurex

The international derivatives markets of Eurex Group ended 2012 with a turnover of approximately 2.3 billion contracts, a dip from the 2.8 billion seen in 2011. The total volume for 2012 splits into 1.7 billion contracts traded at Eurex Exchange, a drop from 2 billion in 2011, and 631.8 million contracts traded at the International Securities Exchange (ISE), a drop from 778.1 million in 2011.

At Eurex Exchange, the equity index derivatives segment was the largest in 2012 with a total yearly volume of 765.6 million contracts, still a drop from 954.7 million in 2011. Derivatives on the EURO STOXX 50 index were the largest single product with 315.2 million futures and 280.6 million options. The equity derivatives segment (options and single stock futures) saw 411.0 million contracts (2011: 449.6 million).

Eurex Repo, which operates CHF Repo, Euro Repo and GC Pooling markets, reached an average outstanding volume of €234.7 billion across all repo markets in 2012, compared to €276.6 billion in 2011.

The secured money market GC Pooling hit a new record with an average outstanding volume of €145.4 billion, an increase of 23 percent year-on-year; the Euro Repo market totaled at the new peak of €36.1 billion, an increase of 19 percent.

In December 2012, the combined volume reached €227.1 billion euros, the GC Pooling market reached €151.5 billion (an increase of 8 percent year-on-year); and the Euro Repo market recorded an average outstanding volume of €39.5 billion, an increase of 15 percent.

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