NEX Group sees repo activity increase - Securities Finance Times

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NEX Group sees repo activity increase
04 June 2018 London
Reporter: Jenna Lomax

Image: Shutterstock

NEX Group has achieved a 15 percent increase to its EU repo activity in May, compared to the same time last year.

EU repo activity reached $243.4 billion last month, up from $194.6 billion in May 2017—a 25 percent change.

NEX Group’s EU repo volume was up 2 percent from April, which stood at $255.4 billion.

The group also saw an six percent increase to its US repo activity year-on-year for May.

US repo volume hit $243.5 billion, an 11 percent increase from $220.2 billion last year.

Last month’s US repo activity also increased 2 percent from the previous month, which achieved $255.4 billion.

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