Check out the latest research paper SwapsInfo First Quarter of 2024 Review.
Interest Rate Derivatives
2024 YTD vs. 2023 YTD
- Total IRD traded notional and trade count both increased by 6%
- Fixed-for-floating IRS traded notional and trade count increased by 21% and 2%, respectively
- FRA traded notional and trade count decreased by 51% and 67%, respectively
- OIS traded notional and trade count increased by 15% and 21%, respectively
- 74% of total traded notional was cleared vs. 79% last year
- 58% of total traded notional was executed on SEFs vs. 54% last year
![](https://cdn.analysis.swapsinfo.org/core/uploads/2024/05/IRD-YTD-5.24.2024.png)
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 8% and 15%, respectively
- CDX HY traded notional and trade count decreased by 18% and 20%, respectively
- CDX IG traded notional and trade count decreased by 13% and 17%, respectively
- iTraxx Europe traded notional and trade count decreased by 14% and 19%, respectively
- 83% of total traded notional was cleared vs. 87% last year
- 82% of total traded notional was executed on SEFs vs. 85% last year
![](https://cdn.analysis.swapsinfo.org/core/uploads/2024/05/CDS-YTD-5.24.2024.png)
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 10% and 12%, respectively
- Corporate single-name CDS traded notional and trade count decreased by 13% and 15%, respectively
- Sovereign single-name CDS traded notional and trade count decreased by 8% and 7%, respectively
- 52% of total traded notional was cleared vs. 51% last year
![](https://cdn.analysis.swapsinfo.org/core/uploads/2024/05/SEC-Credit-YTD-5.24.2024.png)
2024 Current Week vs. 2023 Current Week
![](https://cdn.analysis.swapsinfo.org/core/uploads/2024/05/SEC-Credit-Week-5.24.2024.png)