Interest Rate Derivatives
2018 YTD vs. 2017 YTD
- Both total IRD traded notional and trade count increased by 23% and 16%, respectively
- Both fixed-for-floating IRS traded notional and trade count increased by 30% and 18%, respectively
- Both FRAs traded notional and trade count increased by 24% and 18%, respectively
- Both OIS traded notional and trade count increased by 7% and 16%, respectively
- 88% of total traded notional was cleared, flat compared with last year
- 56% of total traded notional was executed On SEF vs. 55% last year
2018 Current Week vs. 2017 Current Week
- Total IRD traded notional and trade count decreased by 8.5% and 6%, respectively
- Fixed-for-floating IRS traded notional increased by 12% and, while trade count decreased by 5%
- Both FRAs traded notional and trade count decreased by 12% and 7%, respectively
- Both OIS traded notional and trade count decreased by 40% and 28%, respectively
- 85% of total traded notional was cleared vs. 90% last year
- 51% of total traded notional was executed On SEF vs. 50% last year
Credit Derivatives
2018 YTD vs. 2017 YTD
- Both total credit derivatives traded notional and trade count increased 43% and 23%, respectively
- Both CDX HY traded notional and trade count increased by 56% and 30%, respectively
- Both CDX IG traded notional and trade count increased by 62% and 42%, respectively
- Both ITraxx Europe traded notional and trade count increased by 37% and 19%, respectively
- 83% of total traded notional was cleared vs. 79% last year
- 79% of total traded notional was executed On SEF vs. 74% last year
2018 Current Week vs. 2017 Current Week
- Total credit derivatives traded notional and trade count increased by 33% and by 30%, respectively
- Both CDX HY traded notional and trade count increased by 47% and 25%, respectively
- Both CDX IG traded notional and trade count increased by 49% and 46%, respectively
- Both ITraxx Europe notional and trade count increased by 15% and 19%, respectively
- 85% of total traded notional was cleared vs. 84% last year
- 83% of total traded notional was executed On SEF vs. 80% last year