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 26% and 16%, respectively
    • FRAs traded notional and trade count increased by 25% and 16%, respectively
    • OIS traded notional and trade count increased by 7% and 16%, 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 43% and 15%, respectively
    • Fixed-for-floating IRS traded notional and trade count increased by 15% and 13%, respectively
    • FRAs traded notional and trade count increased by 77% and 40%, respectively
    • OIS traded notional and trade count increased by 54% and 34%, respectively
  • 90% of total traded notional was cleared vs 85% last year
  • 61% of total traded notional was executed On SEF vs. 53% last year

Credit Derivatives 

2018 YTD vs. 2017 YTD

  • Total credit derivatives traded notional and trade count increased by 37% and 22%, respectively
    • CDX HY traded notional and trade count increased by 45% and 21%, respectively
    • CDX IG traded notional and trade count increased by 48% and 32%, respectively
    • iTraxx Europe traded notional and trade count increased by 36% and 26%, 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 6% and 13%, respectively
    • CDX HY traded notional and trade count decreased by 20% and 26%, respectively
    • CDX IG traded notional and trade count decreased by 24% and 18%, respectively
    • iTraxx Europe traded notional and trade count increased by 59% and 78%, respectively
  • 80% of total traded notional was cleared vs. 82% last year
  • 75% of total traded notional was executed On SEF last year