Transaction Ticket Volume - Credit (Transactions) - 09/04/2026
CDS by Product & Cleared Status
| Product | Cleared2 | Uncleared | Total |
| Index Tranche / Index / Other* | 4,773 | 831 | 5,604 |
| Europe | 1,881 | 264 | 2,145 |
| North America | 2,639 | 418 | 3,057 |
| Other Regions | 253 | 149 | 402 |
| TOTAL | 4,773 | 831 | 5,604 |
| * Includes exotic credit products, swaptions, and total return swaps. |
CDS by Product & Grade
| Product | HY6 | IG | Other | Total |
| Index Tranche / Index | 2,374 | 2,558 | 215 | 5,147 |
| OTHER* | 168 | 153 | 136 | 457 |
| TOTAL | 2,542 | 2,711 | 351 | 5,604 |
| * Includes exotic credit products, swaptions, and total return swaps. |
CDS by Product, Participant Type & Cleared Status
| Swap Dealers/MSPs5 | Others | |||
| Product | Cleared2 | Uncleared | Cleared | Uncleared |
| Index Tranche / Index / Other* | 5,874 | 985 | 3,673 | 677 |
| Europe | 2,453 | 324 | 1,309 | 204 |
| North America | 3,084 | 495 | 2,194 | 341 |
| Other Regions | 337 | 166 | 170 | 132 |
| TOTAL | 5,874 | 985 | 3,673 | 677 |
| * Includes exotic credit products, swaptions, and total return swaps. |
CDS by Product, Participant Type & Grade
| Swap Dealers/MSPs5 | Others | |||||
| Product | HY6 | IG | Other | HY | IG | Other |
| Index Tranche / Index | 2,904 | 3,119 | 288 | 1,844 | 1,997 | 141 |
| OTHER* | 211 | 185 | 151 | 125 | 121 | 121 |
| TOTAL | 3,115 | 3,304 | 439 | 1,969 | 2,118 | 262 |
| * Includes exotic credit products, swaptions, and total return swaps. |
Notes
| Swap transaction ticket volumes for current week, by product and clearing status (number of new trades), all participant types, tenors, and currencies. For cleared swaps, this table reflects the creation of only one of the two swaps that results from the clearing process. Only market-facing trades are included in ticket volumes and trade events including compressions, terminations, amendments, and novations, are excluded. | |||
| 1 See Data Dictionary for product descriptions and Explanatory Notes for data sources. | |||
| 2 See Explanatory Notes for cleared and uncleared descriptions. | |||
| 3 See Explanatory Notes for currency descriptions. | |||
| 4 See Explanatory Notes for tenor bucket descriptions. | |||
| 5 See Explanatory Notes for participant type descriptions. | |||
| 6 See Data Dictionary for grade descriptions. | |||
| The Commission requests feedback on the format and content of this CFTC Swaps Report table. Submit comments to [email protected]. |