Trading volumes on Eurex Repo, the electronic repo trading arm of derivatives exchange Eurex, have soared, despite the stiff competition faced by the platform.

Eurex Repo which was launched in July 2001 with eight participants, offers authorised participants automated trading in repurchase agreements, or repos, which are guaranteed through Eurex's central counterparty, Eurex Clearing. Currently offering trading in Euro and Swiss Franc denominated repo trading, Euro Repo competes with the likes of the MTS Group and BrokerTec, recently purchased by Icap.