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Total trading volume on SEFs averaged $637 billion in notional value per day during April 2018. That was up 48.4% from April 2017 but down 23.1% percent from March 2018, which set the all-time record in terms of total volume traded. The month-over-month decrease in trading volume was driven mainly by a drop in on-SEF trading of interest rate swaps, which was down 22.2% from March 2018 but up 50.8% from April 2017. Trading of FX products in April 2018 continued at a high level; though FX trading in April was down from March, it was higher than any other month in prior years. Note: this month's release of the SEF Tracker was delayed in order to verify the accuracy of certain SEF data.
Overview Dashboard: a high-level view of monthly volume trends and year-to-date SEF market share.
In-Depth Dashboard: a closer look at volume and market share information in each asset class.
FIA publishes two other data products: the FCM Tracker, which provides insights on the financial condition of futures commission merchants in the U.S., and a monthly report on exchange-traded derivatives volume and open interest. FIA provides these data products as a service to its members and as part of its mission to promote better understanding of the global derivatives markets.
