Strong competition for flow eroded margins for macro trading businesses in 2024, presenting a challenge for rates traders after a bumper few years. For leveraging its diverse franchise to maintain its ...

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that ICE’s interest rate derivatives markets hit record open interest (OI) of 42.3 million ...

Lynn Strongin Dodds assesses the ISDA report on the impact the US, EU and UK’s changing monetary policies had on the IRD landscape. It has been a busy time for interest rate derivative (IRD) traders ...

The 2025 Triennial Central Bank Survey of foreign exchange and over-the-counter interest rate derivatives markets activity reveals that trading in FX markets reached $9.6 trillion per day in April of ...

Record 2.4BN Derivative Contracts Traded in 2025 with Record ADV of 9.3M, +13% and +14% vs Previous Records Set in 2024 Record NYSE Equities ADV +40% at 3.35BN shares and Record NYSE Options ADV of 10 ...

LCH, a global clearing house, has cleared the first Israeli shekel-denominated interest rate swaps. Bank Leumi and Citi were among the first parties to clear a derivatives trade denominated in Israeli ...

If markets were easy to predict, every investor would come out ahead. In reality, sudden swings and hidden risks tend to ...

CME Group plans to launch options on Eris SOFR Swap futures on June 16, pending regulatory review, extending its interest ...

The London Interbank Offered Rate (LIBOR) was a major global interest rate benchmark, which was replaced by SOFR. Learn about ...

For those banks left standing in the rates business following the financial crisis, 2009 was a record year for revenues, driven by wide margins and a resurgent corporate bond market, which few thought ...