FIA May 2018 SEF Tracker

Total trading volume on SEFs averaged $673 billion in notional value per day during May 2018. That was up 25.8% from May 2017 and up 5.7% percent from April 2018. The month-over-month increase in trading volume was driven mainly by a rise in on-SEF trading of interest rate swaps, which was up 22.3% from May 2017 and up 5.8% from April 2018. Trading of FX products in May 2018 continued at a high level; though FX trading in May was the second lowest month this year, it was still higher than any other month in prior years.

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.