Eurex Reports 12% YoY Decrease in Total Volume of Contracts Traded in Feb. 2023

Eurex, Europe's leading derivatives exchange, published its trading figures for February 2023, reporting 146.1 million traded contracts in its listed business for the month, 12% less compared to February 2022. 

Interest rate derivatives went down by 7% year-on-year in February from 65.6 million to 61.4 million. Index derivatives decreased by 14%, from 78.8 million to 67.9 million contracts traded. Trading in equity derivatives fell by 23% compared to February 2022, from 21.7 million to 16.7 million contracts. 

Notional outstanding volumes in OTC clearing grew by 21% compared to February 2022, despite another successful compression run. Overall outstanding volume stood at EUR 31,473 billion at the end of February vs. EUR 25,933 billion the year before – with interest rate swaps and overnight index swaps posting growth of 12% and 31% respectively. Average daily cleared volumes grew significantly by 56%. 

Eurex Repo, Eurex's leading electronic market for secured funding and financing, recorded a major increase in GC Pooling volumes in February, up 43% to EUR 111.9 billion, whereby average daily volume in the Repo market nearly doubled to EUR 209.8 billion. The total average daily term-adjusted volume grew by 67% in February.