IRD and CDS Weekly Analysis: week ending September 4, 2015

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Interest Rates Derivatives

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

  • Overall interest rate notionals decreased 6%, while trade counts increased 13%
  • Cleared notionals decreased 7%, while trade counts were up 16%
  • Both SEF notionals and trade counts were up 3% and 21% respectively
  • 77% 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 down 20% and 35% respectively
  • Both cleared notionals and trade counts were down 15% and 27% respectively
  • SEF notionals were up 1%, while trade counts were down 9%
  • 81% of total notional was cleared vs. 76%
  • 64% of total notional was executed On SEF vs. 50%

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 1%
  • Cleared notionals were down 2%, while trade counts were up 11%
  • Both SEF notionals and trade counts were up 8% and 19% respectively
  • 78% of total notional was cleared vs. 71%
  • 69% of total notional was executed On SEF vs. 56%

2015 current week vs. 2014 current week

  • Both CDS notionals and trade counts were down 30% and 23% respectively
  • Both cleared notionals and trade counts were down 21% and 17% respectively
  • Both SEF notionals and trade counts were down 21% and 16% respectively
  • 81% of total notional was cleared vs. 71%
  • 71% of total notional was executed On SEF vs. 63%

Go to the SwapsInfo CDS Price/Transaction page