FIA today published the fifth issue of FIA SEF Tracker, a periodic report on trading activity taking place on swap execution facilities. This issue provides data in two formats: a set of charts and tables that provide a visual representation of trends in market share and overall trading activity, and a spreadsheet with the underlying data aggregated on a weekly basis and sorted in various ways. Both documents are posted on the FIA website and are available for anyone interested in SEF volume.
“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.”
This issue of the SEF Tracker shows credit volumes increasing for the second month in a row, driven primarily by two very active weeks in the middle of July. Among interest rate swaps, the U.S. dollar continues to be the dominant currency, followed by the euro and the pound sterling. Interestingly, the Mexican peso was fourth most active currency in the most recent week of trading.
FIA publishes the SEF Tracker monthly, using public data collected directly from the SEFs. The report also includes similar data from trading venues that have opted to register with the Commodity Futures Trading Commission as designated contract markets.