Eurex Reports Record Volumes in Euro Clearing during January

A leading international derivatives exchange and a member of the Deutsche Börse Group, Eurex reported its volumes for January 2022 today and saw an increase in overall activity across different products.

In the repo market, volumes increased by more than 100% compared to the same period last year. Average daily cleared volumes in OTC swaps more than doubled to EUR 40 billion. Overall, volumes across all products reached 133.4 million last month, which is 3% higher compared to the same period last year.

As far as traded contracts are concerned, equity index derivatives increased to 65.7 million in January 2022. However, equity derivatives declined 7% to 22.3 million traded contracts.

“At Eurex Repo, the leading electronic marketplace for secured funding and financing, overall average monthly term-adjusted volumes increased by 62 percent year-on-year from EUR 123.8 billion to 200.6 billion. This growth was driven in particular by the Repo Market, where volumes more than doubled (+119 percent) compared to the previous year, from EUR 61.1 billion to EUR 133.7 billion,” Eurex noted.

In 2021, Eurex posted strong growth across key metrics including volumes in European interest rate derivatives. Additionally, OTC clearing activity witnessed growth throughout the last year.

Expansion in 2021

The exchange enhanced its product offering last year to meet the growing demand for innovative financial trading products. In June 2021, Eurex expanded its presence in Asia with the introduction of new derivatives.

“Also, in its listed business, Eurex saw a good start into the new year. In terms of traded contracts, equity index derivatives stood out in particular, growing by 6 percent year-on-year to 65.7 million in January. Interest rate derivatives contracts traded also grew – by 4 percent to 45.2 million year-on-year. Equity derivatives showed negative growth of 7 percent, falling year on year to 22.3 million traded contracts in January. Overall volumes across all products increased 3 percent, from 129.5 million traded contracts in January 2021 to 133.4 million in 2022,” the exchange highlighted.