IRD D2D and D2C platform shares at the end of Q3 2025
Today, we look at trading platforms’ September 2025 market shares of volumes of OTC interest rate derivatives (IRD). If you prefer, you can skip to the end for a summary of market share statistics before returning to the start to read the details. Volume context for platform market shares Throughout this blog, we look at the volumes and platform shares of SDR-reported rates OTC trades over the 15-month period from 01 July 2024 to 30 September 2025. […]
Swaption volumes by strike – Q3 2025
This post looks at USD swaptions activity in Q3 as part of our regular quarterly coverage, the most recent of which was Swaption Volumes by Strike – Q2 2024. We use SDRView data, which shows all trades reported by US financial firms to US SDRs. If you are new to swaptions, some basics are outlined […]
Derivatives innovation: SOFR futures, TONA futures, MYR swaps
Today, we look at three recent start-ups or new products introduced by derivatives exchanges and clearinghouses (CCPs). Key takeaways: All the charts, data, and statistics in this blog were sourced from CCPView. FMX rates futures FMX is a fixed income e-trading platform focused on US Treasury bonds, FX, and repo owned by BGC. Recently, FMX launched the […]
CRD volumes at the end of Q3 2025
This blog covers the volumes, of credit derivatives (CRD) in September 2025, as submitted to us by CCPs, and as reported to US SDRs and SBSDRs. Key takeaways: A year-on-year (YoY) comparison of notional volumes between September 2025 and September 2024 shows that: All the charts, data, and statistics in this blog were sourced from CCPView and SDRView. Cleared CRD volumes First, we look at cleared CRD by currency. Chart 1: All CRD […]