The DTCC announced that, in its ongoing efforts to enhance transparency in the market for over-the-counter (OTC) credit derivatives, it is expanding the data its DTCC Deriv/SERV unit publishes on credit default swaps (CDS) registered in its Trade Information Warehouse (Warehouse) to show additional detail on weekly transaction activity. The Warehouse is the market’s only central trade registry and industry-recognized infrastructure for credit derivatives trades.
Starting Tuesday, January 20, the contract data posted on DTCC’s website, will include a new Section III covering weekly trading activity registered in the Warehouse—such as new trades, terminations and assignments—for the previous week, in terms of gross notional values as well as number of contracts. This data will be provided in the aggregate as well as for single-name reference entity sectors and for major indices.