October 2025 Figures at Eurex
October 2025 Figures at Eurex
- Eurex trading volume down 6 percent in October reflecting calmer market conditions.
- OTC Clearing recorded robust growth, with notional outstanding volumes climbing 41 percent.
- Eurex Repo saw strong October results, driven by a 67 percent jump in GC Pooling transactions.
Eurex – Europe’s leading derivatives exchange and, together with Eurex Clearing, one of the world’s leading central counterparties – saw a decline in trading volumes in October as overall market activity slowed. During the month, the exchange processed 157.7 million contracts, representing a 6 percent decrease from the 168.5 million contracts recorded in the same period last year. Interest rate derivatives declined by 7 percent year-on-year to 80.4 million contracts. Equity derivatives fell 16 percent to 23.5 million contracts, while index derivatives edged down by 1 percent to 53.0 million contracts.
OTC Clearing recorded robust growth in October, with notional outstanding volumes increasing by 41 percent year-on-year to EUR 49,407 billion, up from EUR 35,123 billion in the same month of 2024. This surge was primarily driven by overnight index swaps, which jumped 65 percent to EUR 6,583 billion. Interest rate swaps also made a strong contribution, rising 32 percent to EUR 20,479 billion.
Eurex Repo, Eurex’s leading electronic market for secured funding and financing, achieved another strong performance in October 2025. Average term-adjusted volumes rose 42 percent year-on-year to EUR 467.0 billion. Growth was led by the GC Pooling segment, which jumped to 67 percent, while the Repo Market segment also expanded, with an increase of 24 percent. These results underscore Eurex Repo’s ongoing upward momentum in secured funding and financing.
Business overview – October 2025
October 2025 | October 2024 | Change | |
Financial derivatives: traded contracts Eurex Exchange | |||
Index derivatives (million) | 53.0 | 53.4 | -1% |
Interest rate derivatives (million) | 80.4 | 86.3 | -7% |
Equity derivatives (million) | 23.5 | 28.0 | -16% |
Total (million)1 | 157.7 | 168.5 | -6% |
OTC Clearing² |
| ||
Notional outstanding volumes (billion EUR) | 49,407 | 35,123 | +41% |
- of which interest rate swaps (billion EUR) | 20,479 | 15,472 | +32% |
- of which overnight index swaps (billion EUR) | 6,583 | 3,999 | +65% |
Average daily cleared volumes (billion EUR) | 239 | 234 | +2% |
- of which interest rate swaps (billion EUR) | 41 | 21 | +96% |
- of which overnight index swaps (billion EUR) | 38 | 17 | +116% |
Compression volumes (billion EUR) | 0 | 142 | -100% |
Repo: Average daily term adjusted volume on Eurex Repo | |||
GC Pooling³ (billion EUR) | 230.6 | 137.9 | +67% |
Repo Market (billion EUR) | 236.5 | 191.3 | +24% |
Total (billion EUR) | 467.0 | 329.1 | +42% |
1 The total number of contracts traded includes other asset classes such as commodities.
2 Notional cleared volumes including post trading events such as compression.
3 Includes all currencies.
Media contact:
Irmgard Thiessen
+49 69 211-1 59 11
irmgard.thiessen@deutsche-boerse.com
Fabian Vichtl
+49 69 211-1 65 95
fabian.vichtl@deutsche-boerse.com