The Commodity Futures Trading Commission announced the launch of its weekly swaps report, a report designed to shine light on transactions in the $400 trillion swaps market. The report is the latest attempt by the CFTC to improve transparency in the swaps market. The collapse of Lehman Brothers and the near-failure of AIG Financial during the financial crisis prompted Congress to introduce reforms that would force firms to trade swaps on regulated platforms. With 90 firms now registered as swap dealers, including the world’s largest financial institutions, the report provides three views of the swaps market: the gross notional outstanding value of the market, the dollar volume of weekly transactions, and weekly transactions measured by ticket volume. "This builds on our long tradition of transparency in the futures markets with the Commitments of Traders report. Due to Dodd-Frank reform, the public now will benefit each week from a detailed window into the trading of the
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