IRD and CDS Weekly Analysis: week ending September 5, 2014

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Interest Rates Derivatives

  • Overall rates trading was up 18% from the previous week
  • 20% more volume was cleared, and 30% more was executed On SEF than in the previous week
  • 78% of total notional was cleared this week, vs. 76% last week
  • 55% of total notional was executed On SEF this week vs. 50% last week

 Credit Default Swaps

  • Overall CDS notional amounts increased 33% from the previous week
  • Notional cleared was up 38%, and 43% more was executed On SEF than in the previous week
  • 77% of total notional was cleared this week, up from 75% last week
  • 67% of total notional was executed On SEF this week, up from from 63% last week