SEF Data Normalization & Aggregation
Drilldown into SEF Activity
Report and Filter by Asset Class, Product, Currency, Security, Currency Pair, Tenor
Report on USD equivalent notionals, 5YR equivalents
Delineates Block vs Non-Block
Includes DCM Swap Futures, as well as Bond and MM Futures as a benchmark
Full History from SEF inception Oct 2, 2013
Latest Posts
-
Jun, 11
SOFR swap SEF volumes – 2025 to end May
This blog follows the recent pattern of intra-year SOFR swaps SEF volumes blogs to complement the full-year reviews in 2023 and 2024. Given recent market dynamics, I was curious about the activity levels so far in 2025. Please note: SDRView includes MTFs and OTFs as well as SEFs in its platform scope. For brevity, we […]
Read moreMay, 212024 SEF volumes and share in SOFR swaps
SOFR Swaps at D2D venues were usually spreadover, butterfly, curve switch or CCP switch packages. On D2C venues, spot-starting SOFR swaps were dominated by outright trades. As well as spot-starters, forward, IMM and MAC SOFR swaps also trade in significant numbers on D2C venues (unlike D2D venues). Continue reading for the charts, tables, and details. Background This post iterates, for […]
Read more -
Jun, 25
CAD Swaps – What’s New?
OMG. The last time I wrote about CAD Swaps was in 2017! Seven years later, what has changed? (Skip to the Summary to find out 😛 ). CDOR-CORRA Conversion The not-so-new news is that CDOR will cease in four days time (28th June 2024 will be the last fixing ever published). I have covered the […]
Read moreJun, 4SOFR Swap SEF Volumes – May 2024
Continue reading for the charts, tables and details Background In February 2024, I published the blog 2023 SEF Volumes and Share in SOFR Swaps, which used data we collect, filter and enhance in our SDRView product. That blog looked at the type of SOFR Swaps that trade on Dealer-to-Dealer (D2D) and Dealer-to-Client (D2C) venues; namely Spreadovers, Curves […]
Read more -
Apr, 16
All You Need To Know To Avoid The Trade Execution Requirement?
What is a MAT trade? A MAT filing, or “Made Available to Trade” determination, is when a trading venue (SEF) submits a proposal to the CFTC stating that they deem certain swaps to be liquid enough to have an execution mandate applied to them. Basically, a SEF says “I think these swaps should only be traded on SEFs in […]
Read moreFeb, 142023 SEF Volumes and Share in SOFR Swaps
Background In May 2023, I published a blog on IDB Market Share in SOFR Swaps, which used data we collect, filter and enhance in pur SDRView product. The blog looked at the type of SOFR Swaps that trade on Inter-Dealer Broker (IDB) SEF venues, also referred to as Dealer-to-Dealer (D2D venues); namely Spreadovers, Curves and […]
Read more -
Apr, 24
There is a new MAT Filing!
Made Available to Trade Let’s do a poll to kick things off. Before you clicked on this blog, did you know that there had been a new MAT filing? I’m betting that most of our readers were well aware. The MAT filing, from Tradeweb, received decent press coverage, including from Risk: What Is It? A […]
Read moreFeb, 1SOFR Swaps D2D Volumes and Share
SOFR Swap Volumes at D2D SEFs Volumes in SEFView reported by D2D SEFs under CFTC Part 16 regulations for last week. Showing that Tradition is the largest with $70 billion, followed by TP at $42 billion and IGDL(ICAP) at $32 billion. However we know that in terms of market share that represents revenue share, these […]
Read more