IRD and CDS Weekly Analysis: week ending July 10, 2015

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Interest Rates Derivatives

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

  • Overall interest rate notionals decreased 5%, while trade counts increased 20%
  • Cleared notionals decreased 8%, while trade counts were up 21%
  • Both SEF notionals and trade counts were up 2% and 27% respectively
  • 76% of total notional was cleared vs. 79%
  • 56% of total notional was executed On SEF vs. 53%

2015 current week vs. 2014 current week

  • Overall interest rate notionals were down 16%, while trade counts were up 22%
  • Cleared notionals were down 17%, while trade counts were up 28%
  • SEF notionals were down 19%, while trade counts were up 27%
  • 78% of total notional was cleared vs. 79%
  • 54% of total notional was executed On SEF vs. 55%

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 8%, while trade counts were up 8%
  • Both cleared notionals and trade counts were up 5% and 22% respectively
  • Both SEF notionals and trade counts were up 19% and 34% respectively
  • 78% of total notional was cleared vs. 68%
  • 68% of total notional was executed On SEF vs. 52%

2015 current week vs. 2014 current week

  • Both CDS notionals and trade counts were up 21% and 53% respectively
  • Both cleared notionals and trade counts were up 13% and 48% respectively
  • Both SEF notionals and trade counts were up 18% and 51% respectively
  • 76% of total notional was cleared vs. 80%
  • 69% of total notional was executed On SEF vs. 70%

Go to the SwapsInfo CDS Price/Transaction page