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.
Documents (2) for SwapsInfo Full Year 2022 and the Fourth Quarter of 2022 Review
Latest
Managing Assets in an Uncertain World: Remarks
Managing Assets in an Uncertain World April 28, 2026 Opening Remarks: The Shift to Digital – Steps to Tokenization Scott O’Malia, ISDA Chief Executive Good afternoon – thanks for joining us for our exclusive Managing Assets in an Uncertain...
Four Directors Join ISDA Board
ISDA has announced that two directors have been elected to the ISDA board and two new directors have been appointed, as ISDA’s 40th Annual General Meeting gets underway in Boston. The newly appointed directors are: Tom Ceusters, Director and Chief...
Episode 56: Countdown to Treasury Clearing
With less than nine months to go until the first US Treasury clearing mandates come into force, BlackRock’s Tyler Wellensiek and BNY’s Nate Wuerffel discuss industry progress. Please view this page via Chrome to access the recording.
Response to Eurosystem Consultation on Appia
On April 22, ISDA responded to the Eurosystem consultation on the Appia roadmap. ISDA broadly supports the roadmap and its high level principles, while recommending that the principle on market access and integration should be expanded to explicitly address interoperability...