Eurex Repo average volume falls in August 01 September 2016Frankfurt Reporter: Drew Nicol
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Eurex Repo鈥檚 average outstanding volume in August was 鈧�32 billion below what was recorded in the same month in 2015, parent company Deutsche B枚rse has reported.
August鈥檚 data revealed that Eurex Repo, which operates the GC Pooling and Euro Repo markets, recorded an average outstanding volume of 鈧�117.4 billion last month, compared to the 鈧�149.3 billion achieved at the same time in 2015.
The secured money market GC Pooling recorded an average outstanding volume of 鈧�86.2 billion for August, down from 鈧�123 billion last year.
However, the Euro Repo market bucked the trend, hitting an average outstanding volume of 鈧�31.2 billion for the month, up from 鈧�26.3 billion in 脕ugust 2015.
Eurex Repo has endured a drop-off every month throughout 2015, compared to 2016.
The Deutsche B枚rse subsidiary blamed the slowdown on the quantitative easing policy of the European Central Bank.
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