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05 Feb 2024

Eurex | Eurex Clearing | Eurex Repo

January 2024 figures at Eurex

  • Total Eurex volume up 6 percent in January year-on-year
  • Eurex Repo grows by 57 percent in GC Pooling
  • Notional outstanding in OTC Clearing up 8 percent year-on-year in January


Eurex, Europe’s leading derivatives exchange, reports a 6 percent increase in traded contracts for January compared to the previous year, rising from 144.6 million to 152.7 million contracts. Robust growth of 34 percent was observed in interest rate derivatives, with the number of contracts traded in January climbing from 54.7 million to 73.6 million. Conversely, equity derivatives experienced a 17 percent decrease, dropping from 20.9 million contracts in January of the previous year to 17.4 million contracts. Index derivatives turnover also saw an 11 percent year-on-year decline in January, decreasing from 68.7 million to 61.4 million traded contracts.

In OTC Clearing the notional outstanding volumes experienced an 8 percent year-on-year growth in January, reaching EUR 33,537 billion compared to EUR 31,083 billion in the same period the previous year. Specifically, the notional outstanding volumes in interest rate swaps rose by 9 percent, reaching EUR 14,356 billion, while the notional outstanding in overnight index swaps increased by 32 percent to EUR 3,300 billion.

Eurex Repo, Eurex’s leading electronic market for secured funding and financing, experienced a notable rise in daily GC Pooling volumes during January, marking a 57 percent increase to reach EUR 128.9 billion. Additionally, the overall average daily term-adjusted repo volume demonstrated a substantial year-on-year growth of 33 percent in January, amounting to EUR 338.9 billion.

Business overview – January 2024

January

2024

January
2023

Change

Financial derivatives: traded contracts Eurex Exchange

Index derivatives (million)

61.4

68.7

-11%

Interest rate derivatives (million)

73.6

54.7

+34%

Equity derivatives (million)

17.4

20.9

-17%

Total (million)1

152.7

144.6

+6%

OTC Clearing2

Notional outstanding volumes (billion EUR)

33,537

31,083

+8%

  • of which interest rate swaps (billion EUR)

14,356

13,177

+9%

  • of which overnight index swaps (billion EUR)

3,300

2,504

+32%

Average daily cleared volumes (billion EUR)

281

335

-16%

  • of which interest rate swaps (billion EUR)

25

21

+15%

  • of which overnight index swaps (billion EUR)

19

13

+46%

Compression volumes (billion EUR)

0

0

N/A

Repo: Average daily term-adjusted volume on Eurex Repo

GC Pooling3 (billion EUR)

128.9

82.1

+57%

Repo Market (billion EUR)

210.0

173.4

+21%

Total (billion EUR)

338.9

255.5

+33%

1 The total number of contracts traded includes other asset classes such as commodities.
Notional cleared volumes including post trading events such as compression.
3 Includes all currencies.


Media contacts: 
Irmgard Thiessen 
+49 69 211-1 59 11 
irmgard.thiessen@deutsche-boerse.com 

Fabian Vichtl 
+49 69 211-1 65 95 
fabian.vichtl@deutsche-boerse.com 


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