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NEX Group sees repo activity increase
Latest news
NEX Group sees repo activity increase
04 June 2018
London
Reporter: Jenna Lomax
Image: Shutterstock
NEX Group has achieved a 15 percent increase to its EU repo activity in May, compared to the same time last year.
EU repo activity reached $243.4 billion last month, up from $194.6 billion in May 2017鈥攁 25 percent change.
NEX Group鈥檚 EU repo volume was up 2 percent from April, which stood at $255.4 billion.
The group also saw an six percent increase to its US repo activity year-on-year for May.
US repo volume hit $243.5 billion, an 11 percent increase from $220.2 billion last year.
Last month鈥檚 US repo activity also increased 2 percent from the previous month, which achieved $255.4 billion.
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