Check out the latest research paper ISDA Margin Survey Year-end 2023.
Interest Rate Derivatives
2024 YTD vs. 2023 YTD
- Total IRD traded notional and trade count increased by 1% and 4%, respectively
- 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 14% and 21%, 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
2024 Current Week vs. 2023 Current Week
Credit Derivatives Reported under CFTC Regulations
2024 YTD vs. 2023 YTD
- Total index credit derivatives traded notional and trade count decreased by 10% and 16%, respectively
- CDX HY traded notional and trade count decreased by 19% and 20%, respectively
- CDX IG traded notional and trade count decreased by 13% and 16%, respectively
- iTraxx Europe traded notional and trade count decreased by 17% and 20%, respectively
- 84% of total traded notional was cleared vs. 87% 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 6% and 8%, respectively
- Corporate single-name CDS traded notional and trade count decreased by 7% and 10%, respectively
- Sovereign single-name CDS traded notional and trade count decreased by 8% and 7%, respectively
- 50% of total traded notional was cleared vs. 51% last year
2024 Current Week vs. 2023 Current Week
