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 […]

Our recent blog noted that FRA compressions were $18.8 trillion of the total $97.4 trillion SDR-reported in H1 2025. The $18.8 trillion FRA compressions were dominated by the EUR currency and by the OSTTRA REST platform. I skipped further analysis to tee up a separate analysis in this blog.  Key takeaways Background Multilateral reset optimization […]

Following our introductory blog, 2024 US SDR-Reported IR Compression, published in May 2025, we  review today the same compression volumes for the first half of (H1) 2025. Key takeaways Background Note that SDRView is roughly half the total swaption compression volume, because trades are only reported to SDRs if they involve a US party. Nonetheless, […]

Today we look at issuer names most actively traded in trades reported to US SEC Securities Based Swap Data Repositories (SBSDRs) in July 2025. The prior similar blog covered April 2025. Today’s iteration also includes a brief review of overall single-name CDS volumes. CDS on sovereigns We start with USD CDS on sovereign names. Table […]

This post looks at USD swaptions activity in Q2 as part of our regular quarterly coverage, the most recent of which was Swaption Volumes by Strike – Q1 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 […]

This blog looks at another year of AUD swaps activity, continuing from the blog with a similar title published at about the same time last year.  Should you want more information on AUD swaps, the blog linked above contains links to several other blogs on the topic. AUD market total size First, we extend the […]

This post looks at USD swaptions activity in Q1 as part of our regular quarterly coverage, the last of which was Swaption Volumes by Strike Q4 2024. Swaptions basics If you are uninitiated in swaptions, here are some basics: Now, on to the post. Swap market context Q1 2025 saw the following daily price moves […]

After about a year since our last blog on this topic, it is high time for another look at the most active names in CDS, using data reported to US SEC Securities Based Data Repositories (SBSDRs). CDS on sovereigns Using SBSDRView, we can find the most active sovereign CDS trades in April 2025, starting with USD activity. Table 1 – […]