Interest Rate Derivatives
2024 YTD vs. 2023 YTD
- Total IRD traded notional decreased by 3%, while trade count increased by 4%
- Fixed-for-floating IRS traded notional decreased by 30%, while trade count increased by 2%
- FRA traded notional and trade count decreased by 70% and 76%, respectively
- OIS traded notional and trade count increased by 41% and 37%, respectively
- 79% of total traded notional was cleared, flat compared with last year
- 55% of total traded notional was executed on SEFs vs. 58% 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 7% and 3%, respectively
- CDX HY traded notional and trade count decreased by 14% and 6%, respectively
- CDX IG traded notional and trade count decreased by 4% and 7%, respectively
- iTraxx Europe traded notional and trade count decreased by 8% and 6%, respectively
- 83% of total traded notional was cleared vs. 82% last year
- 82% of total traded notional was executed on SEFs vs. 80% 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 both increased by 6%
- Corporate single-name CDS traded notional and trade count increased by 1% and 4%, respectively
- Sovereign single-name CDS traded notional and trade count increased by 15% and 22%, respectively
- 47% of total traded notional was cleared vs. 51% last year
2024 Current Week vs. 2023 Current Week
