NEX Markets reported a 30% increase in European repo volumes to €241.1 billion in October. US repo lifted slightly 5% to $247.5 billion.
NEX Markets Volumes – October 2017
| Average daily volume (in USD billions, single count) | ||||||||
| October | YoY% change | September | MoM% change | 12 Months ended 31 October | % change | |||
| 2016 | 2017 | 2017 | 2016 | 2017 | ||||
| US Treasury | 158.1 | 160.7 | 2% | 160.1 | 0% | 160.6 | 165.8 | 3% |
| US Repo | 235.3 | 247.5 | 5% | 236.4 | 5% | 216.6 | 225.7 | 4% |
| European Repo (in EUR billions) | 185.8 | 241.1 | 30% | 244.5 | (1%) | 174.1 | 218.3 | 25% |
| Spot FX | 77.0 | 80.6 | 5% | 97.4 | (17%) | 82.2 | 86.2 | 5% |
Volume information includes UST Benchmarks and Agencies. Off-the-Run securities, including T-Bills, are provided pursuant to an agreement with ICAP Securities.