Eurex Kicks Off 2024 with Quantity Surge: Up 6% from 2023

Eurex Kicks Off 2024 with Quantity Surge: Up 6% from 2023

by Jeremy

Europe’s
main derivatives alternate entered the brand new 12 months with optimistic general buying and selling
quantity dynamics, which elevated 6% in comparison with January of the earlier
12 months. Eurex reported a rise in exercise from 144.6 million contracts to
152.7 million. Nevertheless, on a month-to-month foundation, the consequence was 8% decrease; in
December, the identical indicator reached 165.8 million.

Essentially the most
vital development space was rate of interest derivatives, which noticed a rise of 34% in quantity year-over-year (YoY). 73.6 million rate of interest by-product contracts
traded on Eurex in January 2024, an enchancment from 54.7 million in January 2023.

On the
different hand, fairness derivatives fell 17% to 17.4 million contracts, a fall from
20.9 million in January 2023. Index derivatives additionally declined, with quantity
lowering 11% to 61.4 million contracts, in comparison with 68.7 million within the prior
12 months interval.

In OTC
clearing , notional excellent volumes grew 8% in January 2024 over the identical
month final 12 months, reaching €33.5 trillion versus €31.1 trillion. Rate of interest
swap notional excellent particularly rose 9% to €14.4 trillion.

Eurex Repo,
Eurex’s digital marketplace for secured funding, noticed sturdy quantity development within the
final month. Common day by day GC Pooling quantity jumped 57% to €128.9 billion. GC
Pooling is a secured lending market operated by Eurex Repo. It permits monetary
establishments to borrow and lend money on a short-term foundation, utilizing high-quality
collateral comparable to bonds and equities.

Moreover,
the general common day by day term-adjusted repo quantity elevated 33% YoY to €338.9
billion.

Just a few days
earlier, Deutsche Börse, which Eurex belongs to, reported the outcomes
generated by its money markets. In January, this amounted to €105.01 billion,
in comparison with €97.40 billion in December.

Eurex Summarizes 2023

For 2023,
the overall commerce quantity contracted by a modest 2% to 1,915.1 million contracts.
This was primarily because of a stronger decline within the space of index derivatives,
the place the quantity fell 9% to 871.7 million contracts. Within the case of OTC
Clearing, the typical day by day cleared volumes indicator elevated 10% to €185
billion from €169 billion.

The GC Pooling class recorded the strongest development, the place appreciation
amounted to 142% to €158.9 billion.

Per week in the past,
the derivatives alternate appointed Robbert Booij from ABN Amro as its new CEO. “I knew Eurex effectively from my present function at ABN AMRO Clearing Financial institution N.V. and had the respect to be the Chairman of the Eurex Alternate Council,” Booij commented.

Europe’s
main derivatives alternate entered the brand new 12 months with optimistic general buying and selling
quantity dynamics, which elevated 6% in comparison with January of the earlier
12 months. Eurex reported a rise in exercise from 144.6 million contracts to
152.7 million. Nevertheless, on a month-to-month foundation, the consequence was 8% decrease; in
December, the identical indicator reached 165.8 million.

Essentially the most
vital development space was rate of interest derivatives, which noticed a rise of 34% in quantity year-over-year (YoY). 73.6 million rate of interest by-product contracts
traded on Eurex in January 2024, an enchancment from 54.7 million in January 2023.

On the
different hand, fairness derivatives fell 17% to 17.4 million contracts, a fall from
20.9 million in January 2023. Index derivatives additionally declined, with quantity
lowering 11% to 61.4 million contracts, in comparison with 68.7 million within the prior
12 months interval.

In OTC
clearing , notional excellent volumes grew 8% in January 2024 over the identical
month final 12 months, reaching €33.5 trillion versus €31.1 trillion. Rate of interest
swap notional excellent particularly rose 9% to €14.4 trillion.

Eurex Repo,
Eurex’s digital marketplace for secured funding, noticed sturdy quantity development within the
final month. Common day by day GC Pooling quantity jumped 57% to €128.9 billion. GC
Pooling is a secured lending market operated by Eurex Repo. It permits monetary
establishments to borrow and lend money on a short-term foundation, utilizing high-quality
collateral comparable to bonds and equities.

Moreover,
the general common day by day term-adjusted repo quantity elevated 33% YoY to €338.9
billion.

Just a few days
earlier, Deutsche Börse, which Eurex belongs to, reported the outcomes
generated by its money markets. In January, this amounted to €105.01 billion,
in comparison with €97.40 billion in December.

Eurex Summarizes 2023

For 2023,
the overall commerce quantity contracted by a modest 2% to 1,915.1 million contracts.
This was primarily because of a stronger decline within the space of index derivatives,
the place the quantity fell 9% to 871.7 million contracts. Within the case of OTC
Clearing, the typical day by day cleared volumes indicator elevated 10% to €185
billion from €169 billion.

The GC Pooling class recorded the strongest development, the place appreciation
amounted to 142% to €158.9 billion.

Per week in the past,
the derivatives alternate appointed Robbert Booij from ABN Amro as its new CEO. “I knew Eurex effectively from my present function at ABN AMRO Clearing Financial institution N.V. and had the respect to be the Chairman of the Eurex Alternate Council,” Booij commented.

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