Check out the latest research papers Key Trends in the Size and Composition of OTC Derivatives Markets in the Second Half of 2023 and IRD Trading Activity Reported in EU, UK and US Markets: First Quarter of 2024.
Interest Rate Derivatives
- Total IRD traded notional and trade count increased by 9% and 10%, respectively
- Fixed-for-floating IRS traded notional and trade count increased by 30% and 8%, respectively
- FRA traded notional and trade count decreased by 45% and 63%, respectively
- OIS traded notional and trade count increased by 15% and 23%, respectively
- 74% of total traded notional was cleared vs. 78% last year
- 58% of total traded notional was executed on SEFs vs. 53% last year
2024 Current Week vs. 2023 Current Week
Credit Derivatives Reported under CFTC Regulations
2024 YTD vs. 2023 YTD
- Total index credit derivatives traded notional and trade count decreased by 3% and 12%, respectively
- CDX HY traded notional and trade count decreased by 16% and 20%, respectively
- CDX IG traded notional and trade count decreased by 9% and 14%, respectively
- iTraxx Europe traded notional and trade count decreased by 3% and 12%, respectively
- 83% of total traded notional was cleared vs. 86% last year
- 82% of total traded notional was executed on SEFs vs. 84% last year
2024 Current Week vs. 2023 Current Week
Credit Derivatives Reported under SEC Regulations
2024 YTD vs. 2023 YTD
- Total security-based credit derivatives traded notional and trade count decreased by 15% and 18%, respectively
- Corporate single-name CDS traded notional and trade count decreased by 19% and 22%, respectively
- Sovereign single-name CDS traded notional and trade count both decreased by 11%
- 52% of total traded notional was cleared vs. 50% last year
2024 Current Week vs. 2023 Current Week
