06 December 2016
London
Reporter: Drew Nicol

ICAP reports strong November EU repo


ICAP Electronic Market recorded a 15 percent year-over-year increase in European repo transactions in November.

EU repo hit €193 billion last month, up from €168.4 billion recorded in November 2015.

November’s repo volume was up 4 percent from October, when €185.8 billions in volume was recorded.

ICAP, which provides post-trade risk mitigation and information services, also saw a modest increase of 4 percent in US repo

US repo increased from €230.6 billion in 2015 to €240.1 billion this year.

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