Interest Rates Derivatives
- In the week following the September IMM date, overall rates trading was down 27% from the previous week
- 27% less volume was cleared, and 22% less was executed On SEF than in the previous week
- 80% of total notional was cleared this week, vs. 79% last week
- 54% of total notional was executed On SEF this week, vs. 51% last week
Credit Default Swaps
- Overall CDS notional amounts increased 4% from the previous week
- Notional cleared was up 16%, and 36% more was executed On SEF than in the previous week
- 84% of total notional was cleared this week, up from 75% last week
- 76% of total notional was executed On SEF this week, up from 58% last week