Interest Rates Derivatives

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

• Both interest rate notional and trade count increased 26% and 18%, respectively
• Both cleared notional and trade count were up 26% and 21%, respectively
• Both On-SEF notional and trade count increased 28% and 25%, respectively
• 88% of total notional was cleared, flat with last year
• 56% of total notional was executed On SEF vs. 55%

2018 current week vs. 2017 current week

• Both interest rate notional and trade count increased 12% and 6%, respectively
• Both cleared notional and trade count were up 13% and 7%, respectively
• Both On-SEF notional and trade count increased 20% and 9%, respectively
• 88% of total notional was cleared vs. 87%
• 53% of total notional was executed On SEF vs. 50%

Credit Default Swaps

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

• Both CDS notional and trade count increased 46% and 24%, respectively
• Both cleared notional and trade count were up 55% and 32%, respectively
• Both On-SEF notional and trade count increased 57% and 34%, 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 68% and 48%, respectively
• Both cleared notional and trade count were up 80% and 60%, respectively
• Both On-SEF notional and trade count increased 88% and 65%, respectively
• 84% of total notional was cleared vs. 78%
• 81% of total notional was executed On SEF vs. 72%

Weekly On-SEF Traded Notional