Interest Rates Derivatives

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

• Both interest rate notional and trade count increased 29% and 19%, respectively
• Both cleared notional and trade count were up 31% and 22%, respectively
• Both SEF notional and trade count increased 29% and 27%, respectively
• 89% of total notional was cleared vs. 88% last year
• 57% of total notional was executed On SEF vs. 57%

2018 current week vs. 2017 current week

• Interest rate notional increased 4%, but trade count decreased 5%
• Cleared notional was up 8%, but trade count was down 3%, respectively
• Both SEF notional and trade count increased 11% and 6%, respectively
• 91% of total notional was cleared vs. 88%
• 61% 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 50% and 19%, respectively
• Both cleared notional and trade count were up 59% and 30%, respectively
• Both SEF notional and trade count increased 60% and 30%, respectively
• 84% of total notional was cleared vs. 79%
• 79% of total notional was executed On SEF vs. 74%

2018 current week vs. 2017 current week

• CDS notional increased 3%, but trade count decreased 5%
• Both cleared notional and trade count were up 8% and 1%, respecitvely
• Both SEF notional and trade count increased 8% and 2%
• 88% of total notional was cleared vs. 84%
• 85% of total notional was executed On SEF vs. 81%

Weekly On-SEF Notional