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CFTC Weekly Swaps Report: Over $205 Trillion in IRS Swaps Volume Cleared Through November 29

| FinReg

As part of its efforts toward greater transparency in the derivatives markets, the CFTC announced in November that it has created a Weekly Swaps Report, which provides a detailed view of trading activity in the swaps market. 


Now in its fifth installment, the report shows that a total of over $205 trillion in gross notional outstanding interest rate swaps and $2.4 trillion in credit default swaps (CDS) were cleared through the week ending November 29, 2013.  The full break-out of gross notional outstanding swaps volume can be accessed here; following is a snapshot:


DA 1 


In terms of weekly transaction volume, a total of $470 billion in IRS swaps transactions and $133 billion in CDS transactions were cleared in the final week of November, as seen in the snapshot below:


da 2 


We’ll continue to keep track of the Weekly Swaps Report as a pulse-check on the industry’s ongoing transition to regulated, electronic swaps trading.