Comprehensive up-to-date news coverage

HomeNewsBusinessThe volume of daily closed repo trades on MarketAxess increased by 17%...

The volume of daily closed repo trades on MarketAxess increased by 17% in 1H.

Published on

Follow us on Google News for latest updates and information.

News Tech: MarketAxess reported repo business growth in the first half of 2022, with average daily volume (ADV) for repo matched transactions growing by 17%.

In H1 2022, the business had a Matched Lifecycle Event trade count of 11,952, reflecting a 160% increase over the same time in 2021.

In H1 2022, matched repo deals on the MarketAxess platform totaled 169,456, with matched trade ADV reaching US$262.1 billion.

This is due to an expanding number of top-tier buy- and sell-side customers and counterparties utilising this feature.

“The increase in the repo sector clearly illustrates the need and need for repo post-trade automation,” says Colleen Stapleton, product manager for match and repo solutions at MarketAxess. “MarketAxess Post-Trade Repo is at the forefront of advancing this market.”

See also  Budget: The Assam government continues to exempt green tea leaves from tax and offer incentives for the orthodox variety

Latest articles

Crypto data provider Chainlink and SWIFT collaborate on Cross-Chain protocol in TradeFi Play

News Tech: In an initial proof-of-concept, Chainlink, a supplier of price feeds and...

Share Amazon Prime Account

Hello everyone, we are going to discuss a how-to article Share your Amazon Prime...

Update for Windows 11 in 2022: We love these new features

News Tech: Microsoft’s latest version has a lot to discover, from productivity tools...

Business Analytics, Data Science, Health Informatics and Tax are among the graduate programs Bryant introduced

News Tech: In order to equip students and working professionals with the advanced...

More like this

Crypto data provider Chainlink and SWIFT collaborate on Cross-Chain protocol in TradeFi Play

News Tech: In an initial proof-of-concept, Chainlink, a supplier of price feeds and...

Share Amazon Prime Account

Hello everyone, we are going to discuss a how-to article Share your Amazon Prime...

Update for Windows 11 in 2022: We love these new features

News Tech: Microsoft’s latest version has a lot to discover, from productivity tools...

Business Analytics, Data Science, Health Informatics and Tax are among the graduate programs Bryant introduced

News Tech: In order to equip students and working professionals with the advanced...

$20 million raised in Solana Development Framework Coral by FTX and Jump Crypto

In Science and Space: The popular development framework for the Solana blockchain, Anchor,...

Fix Google Chrome Notifications Not Working on Windows 11

Hi everyone, we hope you like our how-to article Fix Google Chrome notifications not...