TriOptima Says $472 Trillion Reported to Global Rates Repository

TriOptima, operator of the Global Interest Rate Trade Reporting Repository, reports that G-14 financial institutions have reported $472.3 trillion in total notional amounts for all interest-rate derivative transactions as of Dec. 31, 2010.

When the Rates Repository, operated by TriOptima, began public reporting in March 2010, there was $448.7 trillion in notional outstanding and 3.6 million trades.

Historical data on interest rate derivative transactions going back to the first reports made public in April 2010 are now available on the newly enhanced TriOptima website, according to the ICAP Group company’s release.

The Rates Repository collects transaction data on interest-rate derivatives from market participants and provides regulators with weekly reports summarizing outstanding trade volumes and gross notionals as well as currency breakdowns and maturity profiles by product type.

The Rates Repository includes information for the full range of both cleared and non-cleared OTC derivative interest-rate transactions including caps/floors, forward rate agreements, options, swaps, swaptions and cross-currency swaps.

TriOptima was selected by representatives from sell side and buy side institutions comprising ISDA’s Rates Steering Committee to provide the Rates Repository in October 2009 and has, since April 2010, made aggregate market information available to the public.

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