Transaction Ticket Volume - All Tables (Transactions) - 01/26/2024

Ticket Volume by Cleared Status

  December 29 January 05 January 12 January 19 January 26
Total Interest Rate* 16,373 47,129 56,642 51,252 37,467
Cleared** 13,437 39,576 47,368 41,437 30,362
Uncleared 2,936 7,553 9,274 9,815 7,104
Total Credit 1,388 5,736 7,034 6,392 6,020
Cleared 1,201 4,961 5,804 5,271 4,988
Uncleared 187 775 1,230 1,121 1,032
Total FX 294,930 385,245 488,247 523,050 492,750
Cleared 12,500 18,265 22,942 25,771 19,808
Uncleared 282,430 366,981 465,305 497,279 472,942
TOTAL 312,692 438,110 551,922 580,694 536,236
           
Weekly total, swap ticket volumes by asset class and cleared status (number of new trades), all products, tenors, and participant types. 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.
* See Data Dictionary for asset class descriptions and Explanatory Notes for data sources.
** See Explanatory Notes for cleared and uncleared descriptions.
The Commission requests feedback on the format and content of this CFTC Swaps Report table. Submit comments to [email protected].

Ticket Volume by Participant Type

  December 29 January 05 January 12 January 19 January 26
Total Interest Rate* 32,746 94,259 113,284 102,504 74,933
SDs and MSPs** 20,822 57,747 69,370 63,631 45,946
Other 11,924 36,512 43,914 38,873 28,987
Total Credit 2,776 11,472 14,067 12,784 12,039
SDs and MSPs 1,660 6,960 8,733 8,037 7,404
Other 1,116 4,511 5,334 4,747 4,635
Total FX 589,861 770,491 976,494 1,046,100 985,500
SDs and MSPs 355,425 470,071 604,419 645,591 601,469
Other 234,436 300,419 372,075 400,509 384,031
TOTAL 625,383 876,221 1,103,844 1,161,388 1,072,473
           
Weekly total, swap ticket volumes by asset class and participant type (number of new trades), all products and tenors, cleared and uncleared. For cleared swaps, the creation of each of the two resulting swaps is attributed only to the counterparty facing the clearing organization (i.e., the clearing organization’s participation is not displayed). For uncleared swaps, each trade is attributed to both swap counterparties. Only market-facing trades are included in ticket volumes and trade events including compressions, terminations, amendments, and novations, are excluded. Because this table shows transactions by participant, the totals on this table are twice those displayed on the "Transaction Ticket Volume by Cleared Status" table.
* See Data Dictionary for asset class descriptions and Explanatory Notes for data sources.
** See Explanatory Notes for participant type descriptions.
The Commission requests feedback on the format and content of this CFTC Swaps Report table. Submit comments to [email protected].

IRS by Product & Cleared Status

Product1 Cleared2 Uncleared Total
Fixed-Float 10,557 2,130 12,688
OIS 18,674 2,087 20,761
Swaption 0 2,397 2,397
OTHER* 1,131 490 1,621
TOTAL 30,362 7,104 37,467
       
* Includes the following products: Basis, Cap/Floor, Debt Option, Exotic, Fixed-Fixed, FRA, and Inflation.

IRS by Product & Major Currency

Product1 USD3 EUR Other Total
Fixed-Float 218 5,727 6,743 12,688
OIS 10,503 2,843 7,414 20,761
Swaption 962 1,036 400 2,397
OTHER* 453 756 411 1,621
TOTAL 12,136 10,363 14,968 37,467
         
* Includes the following products: Basis, Cap/Floor, Debt Option, Exotic, Fixed-Fixed, FRA, and Inflation.

IRS by Product & Tenor

Product1 0-34 3-6 6-12 12-24 24-60 60+ Total
Fixed-Float 327 147 966 1,912 4,428 4,908 12,688
OIS 1,618 285 1,481 2,789 5,916 8,671 20,761
Swaption 810 214 321 246 195 612 2,397
OTHER* 139 85 362 144 304 585 1,621
TOTAL 2,895 731 3,129 5,091 10,844 14,776 37,467
               
* Includes the following products: Basis, Cap/Floor, Debt Option, Exotic, Fixed-Fixed, FRA, and Inflation.

IRS by Product, Participant Type & Cleared Status

  Swap Dealers/MSPs5 Others
Product1 Cleared2 Uncleared Cleared Uncleared
Fixed-Float 12,813 2,849 8,302 1,412
OIS 22,268 2,722 15,080 1,451
Swaption 0 3,283 0 1,512
OTHER* 1,410 601 852 379
TOTAL 36,492 9,455 24,233 4,754
         
* Includes the following products: Basis, Cap/Floor, Debt Option, Exotic, Fixed-Fixed, FRA, and Inflation.

CDS by Product & Cleared Status

Product Cleared2 Uncleared Total
Index Tranche / Index / Other* 4,988 1,032 6,020
Europe 2,042 247 2,289
North America 2,702 224 2,926
Other 245 560 805
TOTAL 4,988 1,032 6,020
       
* Includes exotic credit products, swaptions, and total return swaps.

CDS by Product & Grade

Product HY6 IG Other Total
Index Tranche / Index 2,561 2,710 259 5,530
OTHER* 151 298 42 490
TOTAL 2,712 3,008 300 6,020
         
* 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* 6,153 1,251 3,823 812
Europe 2,613 364 1,471 130
North America 3,216 265 2,187 184
Other 324 622 165 498
TOTAL 6,153 1,251 3,823 812
         
* 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 3,069 3,463 332 2,053 1,957 185
OTHER* 177 321 43 125 275 41
TOTAL 3,246 3,784 375 2,178 2,232 226
             
* Includes exotic credit products, swaptions, and total return swaps.

FX by Product & Cleared Status

Product Cleared Uncleared Total
Swaps & Forwards 1,412 345,534 346,946
NDF 17,760 112,472 130,232
Options 632 12,062 12,694
OTHER* 4 2,874 2,878
TOTAL 19,808 472,942 492,750
       
* Includes cross-currency and exotics.

FX by Major Currency Pair, Region & Product

Currency Pair1 Swaps & Forwards NDF7 Options Other8 Total
USD/ 274,495 126,446 10,619 2,628 414,188
EUROPE 122,684 597 2,912 967 127,160
EUR 49,096 182 1,966 534 51,778
GBP 31,307 148 599 371 32,426
CHF 12,136 123 285 56 12,599
OTHER2 30,144 144 62 6 30,356
AMERICAS/CARIBBEAN 30,078 35,937 2,040 449 68,505
CAD 17,625 102 697 187 18,611
BRL 28 18,639 579 85 19,332
OTHER3 12,425 17,195 764 178 30,561
ASIA/PACIFIC 104,633 89,449 5,292 1,130 200,504
JPY 24,626 163 1,699 376 26,864
CNY 20,667 1,100 1,104 85 22,956
KRW 931 26,688 170 54 27,841
HKD 8,271 94 88 17 8,469
AUD 17,359 113 732 473 18,677
OTHER4 32,780 61,292 1,500 126 95,697
OTHER5 17,100 463 375 82 18,020
EUR/non-USD 45,013 2,919 1,322 180 49,434
OTHER6 27,438 867 753 70 29,129
TOTAL 346,946 130,232 12,694 2,878 492,750
           
1 Currency pairs having USD on one side are grouped into 4 geographic regions, namely Europe, Americas/Caribbean, Asia/Pacific, and Other.
2 Other major currencies in EUROPE region include SEK, NOK, DKK, PLN, and CZK.
3 Other major currencies in Americas/Caribbean region include MXN, CLP, COP, PEN, and ARS.
4 Other major currencies in Asia/Pacific include INR, TWD, SGD, NZD, and RUB.
5 Regions within the Other category include the Middle East and Africa.
6 Category includes currency pairs without USD or EUR leg. 
7 Top currency pairs for NDF not included above are USD versus INR, TWD, and IDR. 
8 Includes cross-currency and exotics. 

FX by Product & Tenor (Calendar Days)

Product 0-7 8-30 31-90 91-180 180+ Total
Swaps & Forwards 146,253 86,164 85,355 15,214 13,959 346,946
NDF 3,510 16,092 102,623 4,329 3,678 130,232
Options 1,337 4,427 3,671 1,218 2,041 12,694
OTHER* 37 188 354 392 1,906 2,878
TOTAL 151,137 106,872 192,003 21,154 21,584 492,750
             
* Includes cross-currency and exotics.

FX by Product, Participant Type & Cleared Status

  Swap Dealers/MSPs Others
Product Cleared Uncleared Cleared Uncleared
Swaps & Forwards 2,752 388,503 72 302,565
NDF 34,572 152,620 948 72,324
Options 1,264 18,068 0 6,056
OTHER* 7 3,683 1 2,065
TOTAL 38,595 562,874 1,021 383,010
         
* Includes cross-currency and exotics.

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].