The European repurchase agreement market is growing and was estimated to be worth $5.3 trillion (€4.3 trillion) in June, the last date for which figures are available. Those charged with measuring the market believe it to be even larger because it is difficult to compile accurate data.

The repo market would be even bigger if it was supported by an efficient infrastructure. And, unlike other financial markets whose development may spark more regulatory concern than approval, there is no reason to fear the repo market's advance.