Highlights of this months Swaps Data Review article include:
- Initial Margin at LCH, CME, ICE, Eurex (as of Dec 31, 2016)
- ETD IM of $191 billion and OTC IM of $171 billion
- With ETD and OTC splits for each of the four CCPs
- LCH SwapClear Client IM for the first time just exceeded House IM
- SwapClear Client IM growing 135% in 2016
- On SEF USD IRS had record volumes in March 2017
- Greater than $2.8 trillion gross notional
- On SEF USD OIS had record volumes in March 2017
- Greater than $4.6 trillion gross notional
- Driven by TrueEX with massive rolls
- Un-Cleared Margin Rules continued to drive up LCH cleared volumes
- NDF up 23% and Inflation Swaps up 72% in March 2017
Click here to access the full Risk.Net article with all the charts, details and more.