• Total IRD traded notional decreased by 1%, while trade count increased by 3%
    • Fixed-for-floating IRS traded notional and trade count increased by 12% and 1%, respectively
    • FRA traded notional and trade count decreased by 58% and 73%, respectively
    • OIS traded notional and trade count increased by 11% and 20%, respectively
  • 75% of total traded notional was cleared vs. 80% last year
  • 57% of total traded notional was executed on SEFs vs. 55% last year

 

 

Credit Derivatives Reported under CFTC Regulations

2024 YTD vs. 2023 YTD

  • Total index credit derivatives traded notional and trade count decreased by 15% and 20%, respectively
    • CDX HY traded notional and trade count decreased by 23% and 24%, respectively
    • CDX IG traded notional and trade count decreased by 17% and 20%, respectively
    • iTraxx Europe traded notional and trade count decreased by 22% and 25%, respectively
  • 84% of total traded notional was cleared vs. 88% last year
  • 83% of total traded notional was executed on SEFs vs. 85% last year

 

2024 Current Week vs. 2023 Current Week

 

Credit Derivatives Reported under SEC Regulations

2024 YTD vs. 2023 YTD

  • Total security-based credit derivatives traded notional and trade count decreased by 8% and 11%, respectively
    • Corporate single-name CDS traded notional and trade count decreased by 9% and 11%, respectively
    • Sovereign single-name CDS traded notional and trade count decreased by 13% and 12%, respectively
  • 49% of total traded notional was cleared vs. 51% last year

 

2024 Current Week vs. 2023 Current Week