FCM Rankings & Concentration: Q1 2017

Clearing broker data is out for Q1 2017, so I wanted to run the numbers and see if anything has changed. Lets start with a view onto the number of registered FCMs. This shows 64 firms registered (down 1 from Q4 2016), and 55 firms with any Client Requirements (down 2).  On the bright side, there […]

Swaps Data Review: ADV for OTC Derivatives

My Monthly Swaps Data Review for Risk Magazine was published today. This shows that Average Daily Volume (ADV), a widely used metric for Futures and Options contracts, can now be calculated at a the same granular level for OTC Derivatives. So just as CME Group publishes the ADV for the 10Y Treasury Note, it is […]