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05 Jul 2023

Eurex | Eurex Clearing | Eurex Repo

June 2023 figures at Eurex

  • Repo volumes nearly doubled to EUR 379 billion
  • Strongest growth again in daily GC Pooling with volumes rising 138 percent in June y-o-y
  • Notional outstanding in OTC Clearing up 23 percent


Eurex, Europe’s leading derivatives exchange, reports a 14 percent decrease in total trading volume to 182.1 million contracts in June from 210.9 million contracts in the same month last year. Interest rate derivatives decreased by 12 percent year-on-year in June from 82.0 million to 72.1 million traded contracts. Index derivatives decreased by 16 percent, from 99.3 million to 83.7 million contracts traded. In equity derivatives 25.9 million contracts were traded in June, decreasing by 11 percent from June last year.

In OTC Clearing, notional outstanding volumes increased 23 percent in June year-on-year to EUR 33,623 billion from EUR 27,247 billion in June last year. Thereof, notional outstanding volumes in interest rate swaps increased 14 percent to EUR 14,162 billion and notional outstanding in overnight index swaps increased 34 percent to EUR 2,775 billion.

Eurex Repo, Eurex’s leading electronic market for secured funding and financing, again recorded a major increase in daily GC Pooling volumes in June, up 138 percent to EUR 168.6 billion, whereby average daily volume in the Repo market went up by 70 percent to EUR 210.0 billion. The total average daily term-adjusted volume grew by 95 percent in June to EUR 378.6 billion.

Business overview – June 2023

June

2023

June
2022

Change

Financial derivatives: traded contracts Eurex Exchange

Index derivatives (million)

83.7

99.3

-16%

Interest rate derivatives (million)

72.1

82.0

-12%

Equity derivatives (million)

25.9

29.2

-11%

Total (million)1

182.1

210.9

-14%

OTC Clearing2

Notional outstanding volumes (billion EUR)

33,623

27,247

+23%

  • of which interest rate swaps (billion EUR)

14,162

12,458

+14%

  • of which overnight index swaps (billion EUR)

2,775

2,067

+34%

Average daily cleared volumes (billion EUR)

173

127

+36%

  • of which interest rate swaps (billion EUR)

20

33

-38%

  • of which overnight index swaps (billion EUR)

13

14

-5%

Compression volumes (billion EUR)

-

-

N/A

Repo: Average daily term-adjusted volume on Eurex Repo

GC Pooling3 (billion EUR)

168.6

71.0

+138%

Repo Market (billion EUR)

210.0

123.2

+70%

Total (billion EUR)

378.6

194.2

+95%

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