Interest Rates Derivatives

2017 year-to-date vs. 2016 year-to-date

• Both overall interest rate notionals and trade counts increased 17% and 7%, respectively
• Both cleared notionals and trade counts were up 23% and 16%, respectively
• Both SEF notionals and trade counts increased 18% and 19%, respectively
• 88% of total notional was cleared vs. 84%
• 55% of total notional was executed On SEF, flat with last year

2017 current week vs. 2016 current week

• Overall interest rate notionals increased 10%, while trade counts decreased 20%  
• Cleared notionals were up 15%, while trade counts were down 16%
• SEF notionals increased 23%, while trade counts decreased 12%
• 87% of total notional was cleared vs. 83%
• 61% of total notional was executed On SEF vs. 54%

Credit Default Swaps

2017 year-to-date vs. 2016 year-to-date

• Both overall CDS notionals and trade counts were down 5% and 17%, respectively
• Both cleared notionals and trade counts decreased 7% and 17%, respectively
• Both SEF notionals and trade counts decreased 7% and 19%, respectively
• 80% of total notional was cleared vs. 81%
• 75% of total notional was executed On SEF vs. 76%
  

2017 current week vs. 2016 current week

• CDS notionals were up 2%, while trade counts were down 14%
• Cleared notionals increased 7%, while trade counts decreased 10%
• SEF notionals were up 12%, while trade counts decreased 6%
• 83% of total notional was cleared vs. 79%
• 79% of total notional was executed On SEF vs. 72%

Weekly On-SEF Notional