RESEARCH & INTELLIGENCE
Short research notes with direct primary sources, clear reference periods and the limits of each measure.
01 / MARKET ACTIVITY
CME reported Q3 2026 average daily volume of 29.4 million contracts in its 21 October results. That is a count of contracts traded per day over a reporting period.
How to read it. A contract count cannot be compared directly with dollar notional amounts. Contract sizes, instruments and venues differ. Growth in volume does not, by itself, establish growth in net economic risk.
[1] CME quarterly results02 / HISTORICAL MARKET SIZE
BIS reported $846 trillion of OTC notional outstanding and $21.8 trillion of gross market value at end-June 2025. These figures describe different measures of the same broad market.
How to read it. Notional is a reference amount, not a loss forecast or market capitalisation. Gross market value measures replacement values before netting; counterparty exposure also depends on netting and collateral. This is explicitly a historical observation.
[4] BIS OTC derivatives commentary03 / RESEARCH WATCH
ISDA’s 9 July 2026 research note reports year-end 2025 OTC notional growth of 20.7% year on year and discusses netting and collateral.
How to read it. The public search-index summary was available; full-page retrieval was restricted. We do not reproduce its tables or treat the note as a current market quote. Use the original report and BIS definitions for detailed work.
[5] ISDA research note04 / INFORMATION INFRASTRUCTURE
ICE’s public data catalogue distinguishes pricing, reference information and analytical services. Each serves a different stage of a professional workflow.
How to read it. Before using any dataset, check valuation time, scope, history, methodology and redistribution rights. A link to an official source does not grant a licence to republish its market feed.
[8] ICE data and analytics05 / CLEARING METHODOLOGY
Eurex publishes risk-parameter and margin resources for its clearing framework. The reviewed page listed files dated 11 November 2026.
How to read it. A linear payoff example excludes portfolio offsets, liquidity assumptions, concentration and model add-ons. Always use the applicable clearing and broker methodology for an actual requirement.
[10] Eurex risk parametersPUBLIC SOURCE LEDGER
Q3 2026 average daily volume: 29.4 million contracts; a flow measure, not outstanding notional.
Exchange, data and technology activities illustrate the connection between risk transfer and information.
Integrated infrastructure, technology and the OneGroup operating model are stated priorities.
End-June 2025 OTC notional was $846 trillion; gross market value was $21.8 trillion. Historical snapshot, not current valuation.
ISDA reports that year-end 2025 OTC notional increased 20.7% year on year. Search-index text verified; full page access restricted.
Contract multiplier and price movement determine a linear futures payoff.
Central clearing, daily marking to market and portfolio margin methodology.
Pricing, reference information and analytical products are distinct data services.
Official product categories include rates, equities, volatility, FX and commodities.
Prisma margin files illustrate the need for current, portfolio-specific parameters.
Existing education and simulation capabilities are a strong alternative to acquiring a new destination.
Data-led workflows connect discovery, analysis and risk management.
All sources reviewed 13 November 2026. Undated product pages may change. Directory entries imply no commercial relationship. No paid or restricted data has been copied.