IRD and CDS Weekly Analysis: week ending September 11, 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 16%
  • Cleared notionals decreased 4%, while trade counts were up 20%
  • Both SEF notionals and trade counts were up 6% and 24% respectively
  • 77% 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 down 11% and 29% respectively
  • Both cleared notionals and trade counts were down 4% and 22% respectively
  • SEF notionals were up 5%, while trade counts were down 11%
  • 82% of total notional was cleared vs. 76%
  • 59% of total notional was executed On SEF vs. 50%

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 11%, while trade counts were up 3%
  • Cleared notionals were down 1%, while trade counts were up 13%
  • Both SEF notionals and trade counts were up 9% and 22% respectively
  • 78% of total notional was cleared vs. 71%
  • 69% of total notional was executed On SEF vs. 56%

2015 current week vs. 2014 current week

  • Both CDS notionals and trade counts were down 45% and 32% respectively
  • Both cleared notionals and trade counts were down 40% and 28% respectively
  • Both SEF notionals and trade counts were down 38% and 26% respectively
  • 77% of total notional was cleared vs. 71%
  • 70% of total notional was executed On SEF vs. 63%

Go to the SwapsInfo CDS Price/Transaction page