IRD and CDS Weekly Analysis: week ending August 7, 2015

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Interest Rates Derivatives

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

  • Overall interest rate notionals decreased 4%, while trade counts increased 19%
  • Cleared notionals decreased 6%, while trade counts were up 22%
  • Both SEF notionals and trade counts were up 4% and 27% respectively
  • 77% of total notional was cleared vs. 79%
  • 57% of total notional was executed On SEF vs. 53%

2015 current week vs. 2014 current week

  • Both overall interest rate notionals and trade counts were up 2% and 11% respectively
  • Both cleared notionals and trade counts were up 4% and 23% respectively
  • Both SEF notionals and trade counts were up 23% and 26% respectively
  • 79% of total notional was cleared vs. 77%
  • 59% of total notional was executed On SEF vs. 49%

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 12%, while trade counts were up 2%
  • Cleared notionals were down 2%, 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. 70%
  • 68% of total notional was executed On SEF vs. 55%

2015 current week vs. 2014 current week

  • Both CDS notionals and trade counts were down 57% and 49% respectively
  • Both cleared notionals and trade counts were down 57% and 50% respectively
  • Both SEF notionals and trade counts were down 56% and 50% respectively
  • 82% of total notional was cleared, flat with last week
  • 73% of total notional was executed On SEF vs. 71%

Go to the SwapsInfo CDS Price/Transaction page