CME Group's OTC Volume Surpasses $500B in Total Notional Cleared for Interest Rate and Credit Default Swaps

CME Group

today announced that the company has surpassed $500 billion in total notional value cleared in interest rate swaps and credit default swaps. In addition, the company had a monthly volume record of $53.3 billion in CDS cleared in March, a 344 percent increase over the previous record month in February. As of April 6, 2012, the company has cleared a total of $500.3 billion in OTC volume, including $393.7 billion in IRS and $106.5 billion in CDS.