The European Securities and Markets Authority (ESMA) issued a press release stating that since February 2014, when derivatives reporting began in Europe, the six European trade repositories have received more than 16 billion submissions, with average weekly submissions over 300 million.
ESMA reports that in April 2015 alone, more than 200 million new trades were added:
- 55% were exchange-traded derivatives (ETD) trades;
- 31 over-the-counter (OTC); and
- 14% listed derivatives traded off exchange.
The largest portion of OTC trades was made up of foreign exchange derivatives (56%); whilst ETD trades were mainly split into commodities (33%), equities (27%) and interest rates (19%) trades.
View ESMA fosters derivatives market transparency, 29 May 2015