IRD and CDS Weekly Analysis: week ending July 3, 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 7%, while trade counts were up 21%
  • Both SEF notionals and trade counts were up 2% and 27% respectively
  • 77% 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 7%, while trade counts were up 17%
  • Cleared notionals were down 6%, while trade counts were up 24%
  • SEF notionals were down 13%, while trade counts were up 12%
  • 79% of total notional was cleared vs. 78%
  • 54% of total notional was executed On SEF vs. 57%

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 9%, while trade counts were up 6%
  • Both cleared notionals and trade counts were up 5% and 21% respectively
  • Both SEF notionals and trade counts were up 19% and 33% respectively
  • 78% of total notional was cleared vs. 67%
  • 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 22% and 59% respectively
  • Both cleared notionals and trade counts were up 21% and 56% respectively
  • Both SEF notionals and trade counts were up 23% and 58% respectively
  • 77% of total notional was cleared vs. 78%
  • 67% of total notional was executed On SEF vs. 66%

Go to the SwapsInfo CDS Price/Transaction page