Interest Rates Derivatives

2017 year-to-date vs. 2016 year-to-date

• Both overall interest rate notionals and trade counts increased 17% and 8%, respectively
• Both cleared notionals and trade counts were up 23% and 17%, respectively
• Both SEF notionals and trade counts increased 18% and 20%, respectively
• 88% of total notional was cleared vs. 84%
• 55% of total notional was executed On SEF, flat with last year

2017 current week vs. 2016 current week

• Both overall interest rate notionals and trade counts increased 34% and 6%, respectively
• Both cleared notionals and trade counts were up 39% and 17%, respectively
• Both SEF notionals and trade counts increased 69% and 22%, respectively
• 88% of total notional was cleared vs. 85%
• 59% of total notional was executed On SEF vs. 47%

Credit Default Swaps

2017 year-to-date vs. 2016 year-to-date

• Both overall CDS notionals and trade counts were down 6% and 17%, respectively
• Both cleared notionals and trade counts decreased 7% and 18%, respectively
• Both SEF notionals and trade counts decreased 7% and 19%, respectively
• 80% of total notional was cleared vs. 81%
• 75% of total notional was executed On SEF vs. 76%

2017 current week vs. 2016 current week

• Both CDS notionals were and trade counts were down 9% and 19%, respectively
• Both cleared notionals and trade counts were down 7% and 18%, respectively
• Both SEF notionals and trade counts decreased 5% and 18%, respectively
• 85% of total notional was cleared vs. 83%

Weekly On-SEF Notional