Â鶹´«Ã½

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Â鶹´«Ã½
Leading the Way

Global Â鶹´«Ã½ Finance News and Commentary
≔ Menu
Â鶹´«Ã½
Leading the Way

Global Â鶹´«Ã½ Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Repo news
  3. Tradeweb reports 34.2% increase YoY in repo ADV for December
Repo news

Tradeweb reports 34.2% increase YoY in repo ADV for December


05 January 2024 Europe, US
Reporter: Sophie Downes

Generic business image for news article
Image: joyfotoliakid
Repo average daily volume (ADV) traded on the Tradeweb platform climbed 34.2 per cent year-on-year to US$508.7 billion for December.

The global operator of electronic marketplaces for rates, credit, equities and money markets indicates a shift from the Federal Reserve’s reverse repo facility to money markets.

For rates trades, US government bond ADV was up 39.8 per cent YoY to US$159.5 billion, with European government bond ADV rising 21.5 per cent YoY to US$33.4 billion.

Tradeweb reports that trading in the retail market was driven by higher interest rates. European government bond volumes were supported by sustained rates, market volatility and strong hedge fund activity.

For swaps and swaptions, ADV has grown 80.1 per cent YoY to US$336.5 billion, and total rates derivatives ADV increased by 62.0 per cent to US$513.2 billion.

In credit markets, fully electronic US credit ADV has risen 56.4 per cent YoY to US$5.6 billion. European credit ADV has also increased 26.2 per cent YoY to US$1.6 billion.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Â鶹´«Ã½ Finance Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Hedge
→ Repo
→ Volatility

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →