1. Research
  2. SwapsInfo
  3. SwapsInfo Full Year 2022 and the Fourth Quarter of 2022 Review

SwapsInfo Full Year 2022 and the Fourth Quarter of 2022 Review

Research
SwapsInfo February 6, 2023
< 1  min.read

The latest ISDA SwapsInfo Quarterly Review shows that trading volume for interest rate derivatives (IRD) and credit derivatives increased in 2022 compared to the previous year.   

Key highlights for the full year 2022 include:

  • Total IRD traded notional rose by 26.7% to $292.8 trillion in 2022 from $231.2 trillion in 2021. Trade count increased by 20.5% to 2.3 million from 1.9 million over the same period.
  • Cleared IRD transactions represented 74.7% of total IRD traded notional and 76.0% of total trade count.
  • IRD traded on swap execution facilities (SEFs) made up 58.4% of total IRD traded notional and 69.6% of total trade count.
  • Credit derivatives traded notional increased by 50.8% to $14.4 trillion in 2022 from $9.5 trillion in 2021. Trade count grew by 63.3% to 396.9 thousand from 243.1 thousand over the same period.
  • Cleared credit derivatives transactions accounted for 83.7% of total credit derivatives traded notional and 88.0% of total trade count.
  • SEF-traded credit derivatives comprised 82.6% of total credit derivatives traded notional and 87.1% of trade count.

Click on the PDF below to read the full summary and/or full report.

Tags:

, ,

Documents (2) for SwapsInfo Full Year 2022 and the Fourth Quarter of 2022 Review

Latest

Transition to Mandatory Central Clearing

US Treasury securities sit at the heart of global financial markets and serve as one of the primary forms of high-quality collateral across derivatives and securities financing markets. The transition to mandatory central clearing of US Treasuries therefore has implications...

ISDA Publishes Updated ISDA SIMM Governance

ISDA has published an updated version of the ISDA SIMM® Governance Framework, which sets out the principles under which the ISDA Standard Initial Margin Model® operates and the process through which it will be reviewed and amended on a consistent...

ISDA Response to PRA IMA Consultation

On September 18, ISDA, the Association for Financial Markets in Europe, the Institute of International Finance and UK Finance submitted a joint response to the UK Prudential Regulation Authority consultation on adjustments to the internal model approach (IMA) for the...