This post continues our quarterly strikes analysis of USD swaptions, which are typically 50 percent or more of swaptions volumes in all currencies. We use SDRView data, which captures OTC derivatives trades reported by US financial firms to US SDRs. Key takeaways Swap market context If you are new to swaptions, some basics are outlined at the […]

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 […]

Today we look at issuer names most actively traded based on single-name credit default swap (CDS) trades reported to US SEC Securities Based Swap Data Repositories (SBSDRs) in March 2026. This follows on from the prior similar blog covering September 2025, as we follow the natural CDS volume peaks in March and September. We rank SBSDR reported names by […]

This blog covers the volumes of FX derivatives (FXD) in Q1 2026, following on from our prior blog on Q4 2025 FXD volumes. Key takeaways Q1 2026 saw record notional volumes for all five cleared FXD products (non-deliverable FX forwards (NDFs), FX options, FX forwards, non-deliverable FX options (NDOs), and spot FX) and for SDR-reported NDFs and […]