Interest Rates Derivatives

2018 year-to-date vs. 2017 year-to-date

• Both interest rate notional and trade count increased 31% and 22%, respectively
• Both cleared notional and trade count were up 32% and 25%, respectively
• Both SEF notional and trade count increased 32% and 29%, respectively
• 88% of total notional was cleared, flat with last year
• 57% of total notional was executed On SEF vs. 56%

2018 current week vs. 2017 current week

• Both interest rate notional and trade count increased 37% and 22%, respectively
• Both cleared notional and trade count were up 42% and 27%, respectively
• Both SEF notional and trade count increased 48% and 31%, respectively
• 89% of total notional was cleared vs. 86%
• 55% of total notional was executed On SEF vs. 51%

Credit Default Swaps

2018 year-to-date vs. 2017 year-to-date

• Both CDS notional and trade count increased 62% and 24%, respectively
• Both cleared notional and trade count were up 74% and 36%, respectively
• Both SEF notional and trade count increased 74% and 36%, respectively
• 82% of total notional was cleared vs. 77%
• 78% of total notional was executed On SEF vs. 73%

2018 current week vs. 2017 current week

• CDS notional increased 5%, while trade count decreased 11%
• Cleared notional were up 5%, while trade count were down 10%
• SEF notional increased 8%, while trade count decreased 9%
• 79% of total notional was cleared vs. 78%
• 75% of total notional was executed On SEF vs. 73%

Weekly On-SEF Notional