Anyone interested in SEF volume will be interested in the fifth issue of FIA SEF Tracker, a periodic report on trading activity taking place on swap execution facilities, which was published today. It provides information in two ways: charts and tables on trends in market shares and overall trading activity, and a spreadsheet of weekly underlying data.
“To increase the SEF Tracker’s value as a tool for understanding the development of the SEF landscape, we’re releasing a spreadsheet containing the underlying data alongside the charts showing volume trends and market share over time,” said Will Acworth, FIA’s Senior Vice President for Communications. “This will allow users to perform their own analyses on the data.”
For a second month in a row, the SEF Tracker shows credit volumes increasing, driven by two busy weeks in July. The U.S. dollar maintains its position as the dominant currency among interest rate swaps, trailed by the euro and pound sterling. The Mexican peso has become the fourth most active currency in the most recent week of trading.
The SEF Tracker is published monthly, utilizing public data from the SEFs, as well as similar figures from Commodity Futures Trading Commission (CFTC) registered trading venues.