Interest Rate Derivatives 

2018 YTD vs. 2017 YTD

  • Total IRD traded notional and trade count increased by 21% and 14%, respectively
    • Fixed-for-floating IRS traded notional and trade count increased by 26% and 15%, respectively
    • FRAs traded notional and trade count increased by 23% and 15%, respectively
    • OIS traded notional and trade count increased by 5% and 13%, 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 7% and 3%, respectively
    • Fixed-for-floating IRS traded notional and trade count increased by 5% and 7%, respectively
    • FRAs traded notional increased by 10%, while trade count decreased by 20%
    • OIS traded notional and trade count decreased by 11% and 6%, respectively
  • 86% of total traded notional was cleared vs 88% last year
  • 54% of total traded notional was executed On SEF vs. 56% last year

Credit Derivatives 

2018 YTD vs. 2017 YTD

  • Total credit derivatives traded notional and trade count increased by 41% and 23%, respectively
    • CDX HY traded notional and trade count increased by 52% and 27%, respectively
    • CDX IG traded notional and trade count increased by 59% and 38%, respectively
    • iTraxx Europe traded notional and trade count increased by 37% and 22%, 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 increased by 21% and 19%, respectively
    • CDX HY traded notional and trade count increased by 42% and 19%, respectively
    • CDX IG traded notional and trade count increased by 5% and 13%, respectively
    • iTraxx Europe traded notional and trade count increased by 30% and 46%, respectively
  • 77% of total traded notional was cleared vs. 75% last year
  • 72% of total traded notional was executed On SEF vs. 69% last year

 

Interest Rate Derivatives 

2018 YTD vs. 2017 YTD

  • Total IRD traded notional and trade count increased by 22% and 15%, respectively
    • Fixed-for-floating IRS traded notional and trade count increased by 27% and 16%, respectively
    • FRAs traded notional and trade count increased by 23% and 16%, respectively
    • OIS traded notional and trade count increased by 5% and 14%, 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 22% and 4%, respectively
    • Fixed-for-floating IRS traded notional and trade count increased by 16% and 1%, respectively
    • FRAs traded notional and trade count increased by 38% and 24%, respectively
    • OIS traded notional and trade count decreased by 13% and 4%, respectively
  • 87% of total traded notional was cleared, flat compared with last year
  • 62% of total traded notional was executed On SEF vs. 59% last year

Credit Derivatives 

2018 YTD vs. 2017 YTD

  • Total credit derivatives traded notional and trade count increased by 42% and 23%, respectively
    • CDX HY traded notional and trade count increased by 53% and 27%, respectively
    • CDX IG traded notional and trade count increased by 60% and 39%, respectively
    • iTraxx Europe traded notional and trade count increased by 37% and 21%, 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 increased by 18% and 21%, respectively
    • CDX HY traded notional and trade count increased by 27% and 0.1%, respectively
    • CDX IG traded notional and trade count increased by 36% and 35%, respectively
    • iTraxx Europe notional and trade count increased by 15% and 33%, respectively
  • 83% of total traded notional was cleared vs. 79% last year
  • 77% of total traded notional was executed On SEF vs. 71% last year

 

Interest Rate Derivatives 

2018 YTD vs. 2017 YTD

  • Both total IRD traded notional and trade count increased by 22% and 15%, respectively
    • Both fixed-for-floating IRS traded notional and trade count increased by 27% and 16%, respectively
    • Both FRAs traded notional and trade count increased by 23% and 16%, respectively
    • Both OIS traded notional and trade count increased by 6% and 15%, respectively
  • 88% of total traded notional was cleared, flat compared with last year
  • 56% of total traded notional was executed On SEF vs. 55% last year

2018 Current Week vs. 2017 Current Week

  • Both total IRD traded notional and trade count increased by 11% and 13%, respectively
    • Both fixed-for-floating IRS traded notional and trade count increased by 13% and 20%, respectively
    • Both FRAs traded notional and trade count decreased by 12% and 38%, respectively
    • Both OIS traded notional and trade count increased by 7% and 11%, respectively
  • 83% of total traded notional was cleared vs. 88% last year
  • 62% of total traded notional was executed On SEF vs. 56% last year

Credit Derivatives 

2018 YTD vs. 2017 YTD

  • Both total credit derivatives traded notional and trade count increased 43% and 23%, respectively
    • Both CDX HY traded notional and trade count increased by 53% and 28%, respectively
    • Both CDX IG traded notional and trade count increased by 61% and 39%, respectively
    • Both iTraxx Europe traded notional and trade count increased by 38% and 21%, respectively
  • 84% 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

  • Both total credit derivatives traded notional and trade count increased by 69% and 56%, respectively
    • Both CDX HY traded notional and trade count increased by 38% and 19%, respectively
    • Both CDX IG traded notional and trade count increased by 70% and 63%, respectively
    • Both iTraxx Europe notional and trade count increased by 87% and 81%, respectively
  • 83% of total traded notional was cleared vs. 81% last year
  • 79% of total traded notional was executed On SEF vs. 77% last year

Interest Rate Derivatives

2018 YTD vs. 2017 YTD

  • Both total IRD traded notional and trade count increased by 22% and 15%, respectively
    • Both fixed-for-floating IRS traded notional and trade count increased by 28% and 16%, respectively 
    • Both FRAs traded notional and trade count increased by 24% and 18%, respectively 
    • Both OIS traded notional and trade count increased by 6% and 15%, respectively 
  • 88% of total traded notional was cleared, flat compared with last year 
  • 56% of total traded notional was executed On SEF vs. 55% last year

2018 Current Week vs. 2017 Current Week

  • Both total IRD traded notional and trade count decreased by 8.4% and 16%, respectively 
    • Both fixed-for-floating IRS traded notional and trade count decreased by 24% and 22%, respectively 
    • Both FRAs traded notional and trade count increased by 29% and 18%, respectively
    • Both OIS traded notional and trade count decreased by 22% and 19%, respectively 
  • 87% of total traded notional was cleared vs. 86% last year
  • 59% of total traded notional was executed On SEF vs. 47% last year

Credit Derivatives

2018 YTD vs. 2017 YTD

  • Both total credit derivatives traded notional and trade count increased 42% and 22%, respectively
    • Both CDX HY traded notional and trade count increased by 54% and 28%, respectively
    • Both CDX IG traded notional and trade count increased by 61% and 38%, respectively
    • Both iTraxx Europe traded notional and trade count increased by 36% and 19%, respectively 
  • 84% 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 increased by 1%, while trade count decreased by 8%  
    • Both CDX HY traded notional and trade count decreased by 13% and 20%, respectively
    • Both CDX IG traded notional and trade count decreased by 4% and 43%, respectively
    • Both iTraxx Europe traded notional and trade count increased by 32% and 41%, respectively 
  • 87% of total traded notional was cleared vs. 81% last year
  • 82% of total traded notional was executed On SEF vs. 75% last year

Interest Rate Derivatives

2018 YTD vs. 2017 YTD

  • Both total IRD traded notional and trade count increased by 23% and 16%, respectively
    • Both fixed-for-floating IRS traded notional and trade count increased by 30% and 18%, respectively
    • Both FRAs traded notional and trade count increased by 24% and 18%, respectively
    • Both OIS traded notional and trade count increased by 7% and 16%, respectively
  • 88% of total traded notional was cleared, flat compared with last year
  • 56% 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 decreased by 8.5% and 6%, respectively
    • Fixed-for-floating IRS traded notional increased by 12% and, while trade count decreased by 5%
    • Both FRAs traded notional and trade count decreased by 12% and 7%, respectively
    • Both OIS traded notional and trade count decreased by 40% and 28%, respectively
  • 85% of total traded notional was cleared vs. 90% last year
  • 51% of total traded notional was executed On SEF vs. 50% last year

Credit Derivatives 

2018 YTD vs. 2017 YTD

  • Both total credit derivatives traded notional and trade count increased 43% and 23%, respectively
    • Both CDX HY traded notional and trade count increased by 56% and 30%, respectively
    • Both CDX IG traded notional and trade count increased by 62% and 42%, respectively
    • Both ITraxx Europe traded notional and trade count increased by 37% and 19%, 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 increased by 33% and  by 30%, respectively
    • Both CDX HY traded notional and trade count increased by 47% and 25%, respectively
    • Both CDX IG traded notional and trade count increased by 49% and 46%, respectively
    • Both ITraxx Europe notional and trade count increased by 15% and 19%, respectively
  • 85% of total traded notional was cleared vs. 84% last year
  • 83% of total traded notional was executed On SEF vs. 80% last year

Interest Rate Derivatives

 

2018 YTD vs. 2017 YTD

  • Both total IRD traded notional and trade count increased by 25% and 17%, respectively
    • Both fixed-for-floating IRS traded notional and trade count increased by 31% and 19%, respectively
    • Both FRAs traded notional and trade count increased by 25% and 19%, respectively
    • Both OIS traded notional and trade count increased by 10% and 18%, respectively
  • 88% of total traded notional was cleared, flat compared with last year
  • 56% of total traded notional was executed On SEF, flat compared with last year

2018 Current Week vs. 2017 Current Week

  • Total IRD traded notional increased by 0.5% while trade count decreased by 2%
    • Both fixed-for-floating IRS traded notional and trade count increased by 18% and 6%, respectively
    • Both FRAs traded notional and trade count decreased by 32% and 40%, respectively
    • Both OIS traded notional and trade count increased by 13% and 29%, respectively
  • 85% of total traded notional was cleared vs. 89% last year
  • 51% of total traded notional was executed On SEF vs. 57% last year

Credit Derivatives

 

2018 YTD vs. 2017 YTD

  • Both total credit derivatives traded notional and trade count increased 44% and 23%, respectively
    • Both CDX HY traded notional and trade count increased by 56% and 30%, respectively
    • Both CDX IG traded notional and trade count increased by 63% and 42%, respectively
    • Both ITraxx Europe traded notional and trade count increased by 38% and 19%, 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 increased by 3%, while trade count decreased by 6%
    • Both CDX HY traded notional and trade count decreased by 20% and 25%, respectively
    • Both CDX IG traded notional and trade count increased by 15% and 18%, respectively
    • Both ITraxx Europe notional and trade count declined by 2% and 9%, respectively
  • 83% of total traded notional was cleared vs. 82% last year
  • 77% of total traded notional was executed On SEF vs. 75% last year

Interest Rates Derivatives

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

  • Both interest rate notional and trade count increased 26% and 18%, respectively
  • Both cleared notional and trade count were up 26% and 21%, respectively
  • Both On-SEF notional and trade count increased 28% and 25%, respectively
  • 88% of total notional was cleared, flat with last year
  • 56% of total notional was executed On SEF vs. 55%

2018 current week vs. 2017 current week

  • Both interest rate notional and trade count increased 12% and 6%, respectively
  • Both cleared notional and trade count were up 13% and 7%, respectively
  • Both On-SEF notional and trade count increased 20% and 9%, respectively
  • 88% of total notional was cleared vs. 87%
  • 53% of total notional was executed On SEF vs. 50%

Credit Default Swaps

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

  • Both CDS notional and trade count increased 46% and 24%, respectively
  • Both cleared notional and trade count were up 55% and 32%, respectively
  • Both On-SEF notional and trade count increased 57% and 34%, respectively
  • 83% of total notional was cleared vs. 78%
  • 79% of total notional was executed On SEF vs. 74%

2018 current week vs. 2017 current week

  • Both CDS notional and trade count increased 68% and 48%, respectively
  • Both cleared notional and trade count were up 80% and 60%, respectively
  • Both On-SEF notional and trade count increased 88% and 65%, respectively
  • 84% of total notional was cleared vs. 78%
  • 81% of total notional was executed On SEF vs. 72%

Weekly On-SEF Traded Notional

Interest Rates Derivatives

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

  • Both interest rate notional and trade count increased 27% and 19%, respectively
  • Both cleared notional and trade count were up 27% and 22%, respectively
  • Both On-SEF notional and trade count increased 28% and 26%, 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 7% and 22%, respectively
  • Both cleared notional and trade count were up 4% and 24%, respectively
  • Both On-SEF notional and trade count increased 4% and 27%, respectively
  • 90% of total notional was cleared vs. 93%
  • 64% of total notional was executed On SEF vs. 66%

Credit Default Swaps

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

  • Both CDS notional and trade count increased 45% and 23%, respectively
  • Both cleared notional and trade count were up 54% and 31%, respectively
  • Both On-SEF notional and trade count increased 56% and 33%, respectively
  • 83% of total notional was cleared vs. 78%
  • 79% of total notional was executed On SEF vs. 74%

2018 current week vs. 2017 current week

  • Both CDS notional and trade count increased 69% and 53%, respectively
  • Both cleared notional and trade count were up 85% and 65%, respectively
  • Both On-SEF notional and trade count increased 89% and 67%, respectively
  • 85% of total notional was cleared vs. 77%
  • 82% of total notional was executed On SEF vs. 73%

Weekly On-SEF Traded Notional

Interest Rates Derivatives

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

  • Both interest rate notional and trade count increased 28% and 19%, respectively
  • Both cleared notional and trade count were up 29% and 22%, respectively
  • Both On-SEF notional and trade count increased 31% and 26%, respectively
  • 88% of total notional was cleared, flat with last year
  • 56% of total notional was executed On SEF vs. 55%

2018 current week vs. 2017 current week

  • Both interest rate notional and trade count increased 38% and 46%, respectively
  • Both cleared notional and trade count were up 37% and 50%, respectively
  • Both On-SEF notional and trade count increased 39% and 49%, respectively
  • 88% of total notional was cleared vs. 89%
  • 51% of total notional was executed On SEF vs. 50%

Credit Default Swaps

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

  • Both CDS notional and trade count increased 44% and 22%, respectively
  • Both cleared notional and trade count were up 53% and 30%, respectively
  • Both On-SEF notional and trade count increased 55% and 31%, respectively
  • 83% of total notional was cleared vs. 78%
  • 79% of total notional was executed On SEF vs. 74%

2018 current week vs. 2017 current week

  • Both CDS notional and trade count increased 180% and 118%, respectively
  • Both cleared notional and trade count were up 215% and 138%, respectively
  • Both On-SEF notional and trade count increased 222% and 142%, respectively
  • 88% of total notional was cleared vs. 78%
  • 84% of total notional was executed On SEF vs. 73%

Weekly On-SEF Traded Notional

Interest Rates Derivatives

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

  • Both interest rate notional and trade count increased 27% and 18%, respectively
  • Both cleared notional and trade count were up 28% and 21%, respectively
  • Both On-SEF notional and trade count increased 30% and 25%, respectively
  • 88% of total notional was cleared, flat with last year
  • 56% of total notional was executed On SEF vs. 55%

2018 current week vs. 2017 current week

  • Both interest rate notional and trade count increased 23% and 7%, respectively
  • Both cleared notional and trade count were up 22% and 8%, respectively
  • Both On-SEF notional and trade count increased 17% and 13%, respectively
  • 88% of total notional was cleared, flat with last year
  • 54% of total notional was executed On SEF vs. 57%

Credit Default Swaps

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

  • Both CDS notional and trade count increased 40% and 19%, respectively
  • Both cleared notional and trade count were up 48% and 26%, respectively
  • Both On-SEF notional and trade count increased 49% and 28%, respectively
  • 83% of total notional was cleared vs. 78%
  • 79% of total notional was executed On SEF vs. 74%

2018 current week vs. 2017 current week

  • Both CDS notional and trade count increased 87% and 59%, respectively
  • Both cleared notional and trade count were up 104% and 69%, respectively
  • Both On-SEF notional and trade count increased 118% and 73%, respectively
  • 83% of total notional was cleared vs. 76%
  • 79% of total notional was executed On SEF vs. 68%

Weekly On-SEF Traded Notional