Interest Rates Derivatives

2018 year-to-date vs. 2017 year-to-date

• Both interest rate notional and trade count increased 26% and 17%, respectively
• Both cleared notional and trade count were up 27% and 20%, respectively
• Both On-SEF notional and trade count increased 30% and 25%, respectively
• 88% of total notional was cleared, flat with last year
• 57% of total notional was executed On SEF vs. 55%

2018 current week vs. 2017 current week

• Both interest rate notional and trade count decreased 12% and 6%, respectively
• Both cleared notional and trade count were down 17% and 8%, respectively
• Both On-SEF notional and trade count decreased 17% and 8%, respectively
• 84% of total notional was cleared vs. 89%
• 54% of total notional was executed On SEF vs. 57%

Credit Default Swaps

2018 year-to-date vs. 2017 year-to-date

• Both CDS notional and trade count increased 40% and 19%, respectively
• Both cleared notional and trade count were up 49% and 27%, respectively
• Both On-SEF notional and trade count increased 50% and 28%, respectively
• 83% of total notional was cleared vs. 78%
• 79% of total notional was executed On SEF vs. 74%

2018 current week vs. 2017 current week

• Both CDS notional and trade count increased 11% and 10%, respectively
• Both cleared notional and trade count were up 16% and 10%, respectively
• Both On-SEF notional and trade count increased 15% and 11%, respectively
• 81% of total notional was cleared vs. 77%
• 76% of total notional was executed On SEF vs. 73%

Weekly On-SEF Traded Notional