MTS Repo achieved another record day yesterday with €124 billion notional daily volume traded. October 2017 was another record month which saw more than €4.8 trillion in notional traded, up 29% on the same month in 2016.
“MTS Repo is consistently seeing record volumes, driven by increased activity in the interdealer market. These record volumes along with product innovations like the recently launched Global Collateral Management service show that MTS is uniquely positioned to offer the benefits and efficiencies of electronic repo trading to the buy side – mobilising cash and collateral where it is needed,” said Tim Martins, product manager, Money Markets & Repo at MTS Repo.
MTS Group facilitates a number of regulated electronic fixed income markets across Europe and the US that are managed centrally to ensure optimum levels of global harmonization and consistency. Over 500 unique counterparties trade an average volume of €100 billion each day on these platforms.