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As the derivatives industry continues its progression toward trading on SEFs, electronic trading of Market Agreed Coupon (MAC) swaps is on the rise, according to Tradeweb data.

Reporting obligations under the European Markets Infrastructure Regulation (EMIR) started today.

While the four largest interdealer-brokers have dominated SEF volumes for interest rate swaps, and Bloomberg’s SEF has controlled credit default swaps volumes, there are opportunities for new entrants to grab a share of the emerging SEF market as new workflows develop.

The industry is seeing increasing volumes of cleared swap compression trades. But what are the mechanics of such trades?

The following data is derived from trading activity on the Tradeweb European-listed ETF platform from 1 October to 31 December 2013.

Yields on so-called safe-haven bonds in the U.S. and Germany declined significantly in September after hitting multi-year highs in the first week of the month. In the U.S., yields on 10-year Treasury bonds fell 13 basis points from August 2013 levels, after climbing to a 26-month high of 2.98% on September 5. By the end of the month, yields had declined to 2.64%.

When did people start wearing ugly holiday sweaters? Or kissing under the mistletoe? Or playing the Tradeweb Holiday Game?

The New Year started off with a flurry of upbeat economic data. The World Bank said it foresees more robust growth for 2014, led by a recovery in advanced economies and stronger performance by developing countries.

U.S. Federal Reserve Chairwoman Janet Yellen signaled that the central bank would continue scaling back its bond purchases, in her testimony before the House Financial Services Committee on February 11.

The Federal Reserve continued trimming its bond buying program, while Chairwoman, Janet Yellen reaffirmed the central bank’s commitment to maintaining low interest rates.