IRD and CDS Weekly Analysis: week ending November 27, 2015

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Interest Rates Derivatives

2015 year-to-date vs. 2014 year-to-date

  • Overall interest rate notionals decreased 3%, while trade counts increased 12%
  • Cleared notionals decreased 2%, while trade counts were up 19%
  • Both SEF notionals and trade counts were up 7% and 22% respectively
  • 78% of total notional was cleared, flat with last week
  • 57% of total notional was executed On SEF vs. 52%

2015 current week vs. 2014 current week

  • Both interest rate notionals and trade counts decreased 4% and 9% respectively
  • Both cleared notionals and trade counts were up 11% and 24% respectively
  • SEF notionals decreased 8%, while trade counts were up 16%
  • 84% of total notional was cleared vs. 72%
  • 50% of total notional was executed On SEF vs. 52%

Go to the SwapsInfo IRD Price/Transaction page

Credit Default Swaps

2015 year-to-date vs. 2014 year-to-date

  • Both overall CDS notionals and trade counts were down 12% and 2% respectively
  • Cleared notionals were down 6%, while trade counts were up 4%
  • Both SEF notionals and trade counts were up 2% and 10% respectively
  • 79% of total notional was cleared vs. 74%
  • 71% of total notional was executed On SEF vs. 61%

2015 current week vs. 2014 current week

  • Both overall CDS notionals and trade counts were down 23% and 12% respectively
  • Both cleared notionals and trade counts were down 24% and 14% respectively
  • Both SEF notionals and trade counts were down 10% and 4% respectively
  • 80% of total notional was cleared vs. 82%
  • 79% of total notional was executed On SEF vs. 68%

Go to the SwapsInfo CDS Price/Transaction page