This months’ FIRDS data analysis provides some interesting insights including some new data points provided after a few industry participants reached out after the DSB’s previous blog on the topic.
- Most DSB ISINs have not yet made their way to FIRDS:
- 8.2mm OTC ISINs have been created
- 16% of all DSB ISINs are in FIRDS Reference Data files (1.3mm)
- 140k in FIRDS Transparency Data
- OTC Derivatives Liquidity Metrics – there has been some industry chatter about the number of OTC Derivatives that have been reported with a liquidity flag – some numbers are provided below:
- 1,022 Swaps
- 22 Options
- 7 Forwards
- A note of caution: a handful of OTC ISINs from the UAT (test) environment appear to have found their way into the FIRDS database
- Detailed Venue and SI level information is provided at the bottom of this note:
- 2 new firms join the list of SIs reporting data this month
- 2 new Trading Venues reporting data this month
- The list of top 10 institutions reporting OTC ISINs to FIRDS (for RTS-23 purposes) appears to have stabilized
- Disparate populations of OTC ISIN data
- OTC Derivatives reported by SIs (for RTS-23 purposes)
- OTC Derivatives reported by Trading Venues (for RTS-23 purposes)
Published by Malavika Solanki
