The weekly trading data for security-based credit derivatives reported under SEC regulations is temporary unavailable due to the changes in data reporting fields as the result of the CFTC Rewrite Phase 2, which went live on January 27th, 2024. ISDA Research team is in the process of integrating these changes into the SwapsInfo database and will continue to publish the weekly reports as soon as this integration is complete.
Check out the latest research paper IRD Trading Activity Reported in EU, UK and US Markets: Full Year 2023 and Fourth Quarter of 2023.
Interest Rate Derivatives
2024 YTD vs. 2023 YTD
- Total IRD traded notional decreased by 3%, while trade count increased by 1%
- Fixed-for-floating IRS traded notional increased by 9%, while trade count decreased by 0.3%
- FRA traded notional and trade count decreased by 58% and 73%, respectively
- OIS traded notional and trade count increased by 8% and 17%, respectively
- 75% of total traded notional was cleared vs. 80% last year
- 57% 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 18% and 23%, respectively
- CDX HY traded notional and trade count decreased by 26% and 27%, respectively
- CDX IG traded notional and trade count decreased by 21% and 23%, respectively
- iTraxx Europe traded notional and trade count decreased by 25% and 28%, respectively
- 84% of total traded notional was cleared vs. 88% last year
- 83% of total traded notional was executed on SEFs vs. 85% last year
2024 Current Week vs. 2023 Current Week
