FIA today published the sixth issue of FIA SEF Tracker, a periodic report on trading activity taking place on swap execution facilities. This issue includes new data from the month of August and shows volume trends and market share for interest rate, credit default and foreign exchange products.
Overall volume continued to trend downward, driven mainly by a decrease in the amount of interest rate products traded on SEFs. However, trading in FX products rose to $201 billion in the last week of August, the highest level recorded since FIA SEF Tracker began collecting data in January.
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.