IRD and CDS Weekly Analysis: week ending July 17, 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 20%
  • Cleared notionals decreased 7%, while trade counts were up 22%
  • Both SEF notionals and trade counts were up 3% and 28% 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

  • Both overall interest rate notionals and trade counts were up 13% and 21% respectively
  • Both cleared notionals and trade counts were up 22% and 34% respectively
  • Both SEF notionals and trade counts were up 47%
  • 82% of total notional was cleared vs. 76%
  • 60% of total notional was executed On SEF vs. 46%

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 7%
  • Both cleared notionals and trade counts were up 4% and 21% respectively
  • Both SEF notionals and trade counts were up 17% and 32% respectively
  • 78% of total notional was cleared vs. 68%
  • 68% of total notional was executed On SEF vs. 53%

2015 current week vs. 2014 current week

  • Both CDS notionals and trade counts were down 16% and 10% respectively
  • Both cleared notionals and trade counts were down 18% and 12% respectively
  • Both SEF notionals and trade counts were down 21% and 13% respectively
  • 77% of total notional was cleared vs. 79%
  • 66% of total notional was executed On SEF vs. 70%

Go to the SwapsInfo CDS Price/Transaction page