From the end of June 2026 quarterly CPMI-IOSCO Quantitative Disclosures by clearinghouses captured by CCPView, this blog focuses on cleared IM for rates swaps, credit derivatives (CRD), and exchange-traded derivatives (ETD). Key takeaways The Q2 2026 disclosures show different IM dynamics across the three product groups: IM for cleared rates swaps Chart 1: IRS IM by […]

This blog shows new volume and OI peaks and tells the story of how they reached them. Key takeaways How did swap futures develop? Swap futures were created soon after the 2008 global financial crisis. This was a period of both re-regulation and experimentation driven by G20 regulators’ consensus to standardize OTC derivatives and move […]

This is the Q2 2026 edition of our quarterly blog on competition between rates derivatives exchanges and CCPs. It can be directly compared with the Q1 edition and is a complement to our recent Q2 blog on cleared rates swaps volumes. Key takeaways In Q2 2026, the quarter on quarter (QoQ) shifts in the CCP […]

This blog looks at Q2 2026 volumes of FX derivatives (FXD), following the record volumes noted in Q1. Key takeaways In Q2 2026: Read on for more analysis, explanation and volume charts and statistics from CCPView and SDRView. Note on volume statistics Cleared FX OTC derivatives covered by CCPView include NDFs, FX options, FX forwards, NDOs, and spot […]

This blog covers global notional volumes of cleared rates swaps in quarter two (Q2) 2026, focusing on volumes of OIS, fixed-float IRS and zero-coupon swaps with a material volumes’ share for each currency. Key takeaways In Q2 2026 global core cleared rates swaps volumes were US$262 trillion notional – up 23% YoY but down 17% from their Q1 2026 […]

At the end of March, clearing houses published their Q1 2026 CPMI-IOSCO Quantitative Disclosures. This blog focuses on cleared IM for rates swaps, credit derivatives (CRD) and exchange-traded derivatives (ETD) together with a sample of the other disclosures. Key takeaways 31 March 2026 saw a new record in CCP-disclosed cleared IM for each of the three […]

This blog covers credit derivatives (CRD) trading volumes in March 2026, both at CCPs and as reported in the US. We sourced the charts and statistics from CCPView, SDRView and SBSDRView. Key takeaways Notes on CRD volumes We focus on the months of March and September because the standardized CRD maturity dates on the two months’ […]

This blog is the first edition of what will become a regular quarterly blog on competition between rates derivatives exchanges and CCPs measured by market share of trade notional cleared. Key takeaways In Q1 2026, the exchanges and CCPs market shares of the more competitive cleared derivatives products were as follows. Read on for more […]