IRD and CDS Weekly Analysis: week ending October 30, 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 14%
  • Cleared notionals decreased 4%, while trade counts were up 19%
  • Both SEF notionals and trade counts were up 6% and 22% respectively
  • 78% 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 up 16% and 4% respectively
  • Both cleared notionals and trade counts were up 17%
  • Both SEF notionals and trade counts were up 24% and 20% respectively
  • 78% of total notional was cleared, flat with last week
  • 60% 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

  • Both overall CDS notionals and trade counts were down 13% and 2% respectively
  • Cleared notionals were down 6%, while trade counts were up 4%
  • Both SEF notionals and trade counts were up 1% and 10% respectively
  • 79% of total notional was cleared vs. 74%
  • 70% of total notional was executed On SEF vs. 60%

2015 current week vs. 2014 current week

  • Both overall CDS notionals and trade counts were down 21% and 22% respectively
  • Both cleared notionals and trade counts were down 36%
  • Both SEF notionals and trade counts were down 33% and 34% respectively
  • 66% of total notional was cleared vs. 82%
  • 60% of total notional was executed On SEF vs. 71%

Go to the SwapsInfo CDS Price/Transaction page