TSX Venture's NEX Group sees repo growth in 2016

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TSX Venture's NEX Group sees repo growth in 2016
05 January 2017 Vancouver
Reporter: Drew Nicol

Image: Shutterstock

NEX Group beat difficult market conditions in Europe to report an 8 percent increase in its EU repo volumes for December.

EU repo activity grew from €168.3 billion in December 2015 to €181.3 billion last month.

NEX Group provides a trading platform for listed companies that have fallen below Canadian exchange TSX Venture's ongoing listing standards.

US repo activity also rose 5 percent to $233.7 billion in December 2016 from $222.6 billion in 2015.

NEX Group’s EU and US repo activity for 2016 as a whole both beat 2015’s figures by 1 percent.

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