Eurex Repo sees March volume drop-off 06 April 2016 Frankfurt Reporter: Drew Nicol
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Eurex Repo achieved an average outstanding volume of €147.4 billion in March, representing a fall of €61.4 billion from the previous year.
Eurex, which operates GC Pooling and Euro Repo markets, put the negative results down to to the European Central Bank’s ongoing quantitative easing policy.
The secured money market GC Pooling also fell, compared to the same time last year, with an average outstanding volume of €113.8 billion, down from €169.5 billion.
The Euro Repo market reached an average outstanding volume of €33.6 billion last month, compared €39.3 billion in March 2015.
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