Interest Rate Derivatives 

2018 YTD vs. 2017 YTD

  • Total IRD traded notional and trade count increased by 23% and 15%, respectively
    • Fixed-for-floating IRS traded notional and trade count increased by 25% and 16%, respectively
    • FRAs traded notional and trade count increased by 26% and 16%, respectively
    • OIS traded notional and trade count increased by 8% and 15%, respectively
  • 88% of total traded notional was cleared, flat compared with last year
  • 57% of total traded notional was executed On SEF vs. 55% last year

2018 Current Week vs. 2017 Current Week

  • Total IRD traded notional and trade count increased by 26% and 7%, respectively
    • Fixed-for-floating IRS traded notional and trade count increased by 2% and 1%, respectively
    • FRAs traded notional and trade count increased by 47% and 42%, respectively
    • OIS traded notional and trade count increased by 33% and 32%, respectively
  • 89% of total traded notional was cleared vs 86% last year
  • 64% of total traded notional was executed On SEF vs. 54% last year

 

Credit Derivatives 

2018 YTD vs. 2017 YTD

  • Total credit derivatives traded notional and trade count increased by 35% and 21%, respectively
    • CDX HY traded notional and trade count increased by 43% and 19%, respectively
    • CDX IG traded notional and trade count increased by 46% and 30%, respectively
    • iTraxx Europe traded notional and trade count increased by 35% and 27%, respectively
  • 83% of total traded notional was cleared vs. 79% last year
  • 79% of total traded notional was executed On SEF vs. 74% last year

2018 Current Week vs. 2017 Current Week

  • Total credit derivatives traded notional and trade count decreased by 20% and 13%, respectively
    • CDX HY traded notional and trade count both decreased by 34%
    • CDX IG traded notional and trade count decreased by 27% and 30%, respectively
    • iTraxx Europe traded notional and trade count increased by 10% and 36%, respectively
  • 81% of total traded notional was cleared vs. 80% last year
  • 78% of total traded notional was executed On SEF vs. 72% last year