Interest Rates Derivatives

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

  • Both interest rate notional and trade count increased 26% and 17%, respectively
  • Both cleared notional and trade count were up 27% and 20%, respectively
  • Both On-SEF notional and trade count increased 30% and 25%, respectively
  • 88% of total notional was cleared, flat with last year
  • 57% of total notional was executed On SEF vs. 55%

2018 current week vs. 2017 current week

  • Both interest rate notional and trade count decreased 12% and 6%, respectively
  • Both cleared notional and trade count were down 17% and 8%, respectively
  • Both On-SEF notional and trade count decreased 17% and 8%, respectively
  • 84% of total notional was cleared vs. 89%
  • 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 49% and 27%, respectively
  • Both On-SEF notional and trade count increased 50% 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 11% and 10%, respectively
  • Both cleared notional and trade count were up 16% and 10%, respectively
  • Both On-SEF notional and trade count increased 15% and 11%, respectively
  • 81% of total notional was cleared vs. 77%
  • 76% of total notional was executed On SEF vs. 73%

 

 

Weekly On-SEF Traded Notional