Eurex releases its trading volume report for December 2022 and the full year.
Traded contracts on the European derivatives exchange reached 158.4 million last month, recording a 11.7%MoM jump compared to November 2022 and an 8% YoY increase from December the previous year.
According to the trading update, interest rate derivatives reached 58.1 million contracts in December 2022. This was 22.6% increase on monthly basis and 24% compared to the previous year.
Notional outstanding volumes in OTC clearing also witnessed strong growth with 30% YoY. The Overall outstanding volume reached €26,186 billion at the end of last month. On monthly basis, there was a 4.2% decrease from €27,344.
The official announcement also detailed that the average daily cleared volumes jumped by 52% during last month, compared to December 2021. On monthly basis, however, the number fell 30%.
Eurex Repo recorded average daily term-adjusted volume increase of 68% compared to the same period the previous year to €179.4 billion. The GC Pooling market jumped 153% while the Repo Market also rose 40% YoY.
Eurex reported traded derivatives contracts of 1.96 billion contracts, registering a 15% increase.
Interest rate derivatives increased 20% to 725.7 million contracts.
In the OTC clearing section of the market, notional outstanding volumes in OTC clearing jumped 30% to €26.19 trillion. Daily OTC interest rate volumes reached €169 billion, up 27% from 2021.
The average daily term-adjusted repo volume for the full year jumped 50% to €210.1 billion. The GC Pooling market was up 37% while the Repo Market rose by 57% compared to the prior year.
