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NEX Group sees EU and US repo boost
Latest news
NEX Group sees EU and US repo boost
02 November 2017
London
Reporter: Jenna Lomax
Image: Shutterstock
Nex Group achieved a 30 percent increase to its EU repo activity in October, compared to the same time last year.
EU repo activity reached $241.1 billion last month, up from $185.8 billion in October 2016.
Nex Group beat its September EU repo volume by 1 percent, which stood at $244.5 billion.
The group also saw a 5 percent growth to its US repo activity year on year for October.
US repo volume hit $247.5 billion for the month, up from $235.3 billion in 2016.
Last month’s US repo activity also increased 5 percent from the previous month, which achieved $236.4 billion.
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