CHAPTER 2: ANALYSIS OF SURVEY RESULTS
Cash currency analysis (Q1.3 and Q1.4) Table 2.6 – Cash currency analysis December 2015
June 2015
December 2014
EUR
63.2%
63.4%
63.6%
GBP
12.4%
11.3%
10.9%
USD
16.0%
16.4%
15.1%
DKK, SEK
2.4%
2.4%
2.9%
JPY
5.0%
5.3%
6.3%
CHF
0.1%
0.1%
0.1%
etc
0.9%
1.1%
1.1%
cross-currency
2.6%
2.6%
2.1%
The share of the euro in the survey remained steady but increased in directly-reported electronic trading (to 95.4% from 93.5%). Sterling took an increased share of the survey, directly-reported electronic trading (4.1% from 3.7%) and tri-party repo (4.5% from 3.2%). The share of the US dollar retreated in the survey, as well as in directly-reported electronic trading (to 0.4% from 1.4%), tri-party repo (to 19.1% from 19.4%) and voice-brokered business (to 11.4% from 13.2%). The share of the Japanese yen reversed direction in the latest survey, as well as in voice-brokered business (to 2.5% from 4.1%). Figure 2.4 - Currency analysis
ICMA European Repo Market Survey February 2016
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