Interest Rates Derivatives

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

• Both interest rate notional and trade count increased 27% and 19%, respectively
• Both cleared notional and trade count were up 27% and 22%, respectively
• Both On-SEF notional and trade count increased 28% and 26%, respectively
• 88% of total notional was cleared, flat with last year
• 57% of total notional was executed On SEF vs. 56%

2018 current week vs. 2017 current week

• Both interest rate notional and trade count increased 7% and 22%, respectively
• Both cleared notional and trade count were up 4% and 24%, respectively
• Both On-SEF notional and trade count increased 4% and 27%, respectively
• 90% of total notional was cleared vs. 93%
• 64% of total notional was executed On SEF vs. 66%

Credit Default Swaps

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

• Both CDS notional and trade count increased 45% and 23%, respectively
• Both cleared notional and trade count were up 54% and 31%, respectively
• Both On-SEF notional and trade count increased 56% and 33%, 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 69% and 53%, respectively
• Both cleared notional and trade count were up 85% and 65%, respectively
• Both On-SEF notional and trade count increased 89% and 67%, respectively
• 85% of total notional was cleared vs. 77%
• 82% of total notional was executed On SEF vs. 73%

Weekly On-SEF Traded Notional