FIA: September 2019 SEF Tracker

Trading volume on SEFs reached $895.2 billion in average notional value per day during September 2019. This was the busiest September since FIA began tracking SEF trading in 2014.

Credit default swap trading hit a record $64.1 billion per day in September, up 10.4% compared to the same month in the previous year.

Trading of interest rate swaps and other non-FRA rates products was $431.9 billion per day in September, down 10.4% from August 2019 but up 16.4% from September 2018. FRA trading reached $340.2 billion in average daily trading in September, up 54.2% from the previous month and up 24.7% from a year ago.

FX trading in September reached $58.9 billion in average daily notional value, the highest amount ever traded in any September.

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.

Please contact our help desk if you have any questions about this service.

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.