IRD and CDS Weekly Analysis: week ending October 2, 2015

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Interest Rates Derivatives

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

  • Overall interest rate notionals decreased 2%, while trade counts increased 14%
  • Cleared notionals decreased 4%, while trade counts were up 19%
  • Both SEF notionals and trade counts were up 6% and 23% respectively
  • 78% of total notional was cleared vs. 79%
  • 57% of total notional was executed On SEF vs. 52%

2015 current week vs. 2014 current week

  • Both overall interest rate notionals and trade counts were up 27% and 14% respectively
  • Both cleared notionals and trade counts were up 32% and 25% respectively
  • Both SEF notionals and trade counts were up 44% and 14% respectively
  • 81% of total notional was cleared vs. 78%
  • 60% of total notional was executed On SEF vs. 53%

Go to the SwapsInfo IRD Price/Transaction page

Credit Default Swaps

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

  • Overall CDS notionals were down 10%, while trade counts were up 2%
  • Cleared notionals were down 1%, while trade counts were up 11%
  • Both SEF notionals and trade counts were up 9% and 18% respectively
  • 79% of total notional was cleared vs. 72%
  • 70% of total notional was executed On SEF vs. 58%

2015 current week vs. 2014 current week

  • CDS notionals were up 5%, while trade counts were down 1%
  • Cleared notionals were up 2%, while trade counts were down 6%
  • SEF notionals were up 5%, while trade counts were down 5%
  • 83% of total notional was cleared vs. 85%
  • 76% of total notional was executed On SEF, flat with last week

Go to the SwapsInfo CDS Price/Transaction page