Repo Market participants can trade repos with a wide range of around 9,000 fixed income securities divided into 30 different baskets. In both segments, the General Collateral (GC) and the Special Repo segment, collateral can be turned into euro or pound sterling swiftly and anonymously with low risk through a central counterparty.

The manual allocation of single securities after the conclusion of a basket trade enables a selective collateralization directly via the trading screen.

The market offers securities such as:

• European Government Bonds
• Jumbo-Pfandbriefe and Pfandbriefe
• KfW/Laender Bonds
• European Covered Bonds
• Agency Bonds
• European Corporate Bonds

All securities of the various baskets can be traded in the Special segment as well.

Terms

Banks provide binding quotes for maturities ranging from overnight up to more than two years. In addition open, variable and open variable terms offer maximum flexibility.

More details can be found in the Basket Specifications. 

Open Order Book

The quote book contains all quotes entered by the participants with full market depth. The quotes are displayed per term/collateral combination including volume. All quotes are legally binding and will be automatically deleted at market close. Eurex Repo does not offer an automatic matching. The traders have to lift or hit a quote proactively. In addition to entering quotes two participants may agree on a trade bilaterally and enter the repo transaction into the system by using the pre-arranged trading functionality.

Trading Hours

Pre-trading phase: 07:00 - 07:30 CET

 * Settlement starts S-1 onwards
 ** Settlement within Clearstream or within Euroclear
 *** Settlement between Clearstream and Euroclear

Contract Size

Minimum EUR, GBP 1 Million for GC Repo
Minimum EUR, GBP 500'000 for Special Repo

Trading Fees

• No admission fees
• Minimum transaction fees of EUR 800/month
• Annual and transaction fees according to the below listed fee group