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 2% and 4%, respectively
- Fixed-for-floating IRS traded notional and trade count increased by 14% and 1%, respectively
- FRA traded notional and trade count decreased by 56% and 70%, respectively
- OIS traded notional and trade count increased by 14% and 22%, respectively
- 75% of total traded notional was cleared vs. 80% last year
- 58% 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 9% and 14%, respectively
- CDX HY traded notional and trade count decreased by 18% and 19%, respectively
- CDX IG traded notional and trade count decreased by 12% and 15%, respectively
- iTraxx Europe traded notional and trade count decreased by 14% and 18%, 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 9% and 12%, respectively
- Corporate single-name CDS traded notional and trade count decreased by 11% and 13%, respectively
- Sovereign single-name CDS traded notional and trade count both decreased by 8%
- 51% of total traded notional was cleared, flat compared with last year
2024 Current Week vs. 2023 Current Week
