Interest Rate Swaps Product Specification

Product Code:

IRD-IRS-GLO-ALL

Description:

Interest Rate Swaps can be used as a hedging tool to offset the interest rate exposure of a portfolio, and can also be used for yield enhancement by taking advantage of favorable interest rate differentials between different markets or currencies. Our Interest Rate Swaps data packages provide comprehensive coverage across 31 currencies. Datasets are sourced directly from Tradition’s brokerage desks and further enhanced by our analytics team. By offering smaller, focused and more granular packages based on region and product, our clients only pay for what they need, as opposed to receiving larger data packages that need unbundling. Real-time, Intraday and End of Day prices are available for interest rate markets providing complete flexibility on both data content and delivery method.

Data Source:

Data sourced directly from Tradition’s brokerage desks with 50 desks for 33 currencies.

Delivery Method:

• real-time:Access real-time data
• Hourly:Receive hourly snapshots delivered via SFTP.
• end-of-day:Obtain end-of-day snapshots delivered via SFTP.

Data Frequency:

Market data is updated real-time directly sourced from various trading platforms.

Data Format:

CSV files for houtly snaps , FIX API for Real-time

Data Coverage:

• Asset Class: IRD Interest Rate Derivatives ( IRD )
• Sub Class: Interest Rate Swaps
• Key stats : +8K instruments 50 desks 33 currencies

Americas Data Coverage

Asia Pacific Data Coverage

Europe, Middle East & Africa Data Coverage

Glossary

Tradition Data Packages:

Product Code	Product Name
IRD-IRS-GLO-ALL	Global ALL
IRD-IRS-AME-ALL	Americas ALL
IRD-IRS-AME-ARM	Americas Regional Majors
IRD-IRS-AME-DOE	Americas Emerging
IRD-IRS-EUR-ALL	Europe, Middle East & Africa ALL
IRD-IRS-EUR-ERM	Europe, Middle East & Africa Regional Majors
IRD-IRS-EUR-EUE	Europe, Middle East & Africa EURO Emerging
IRD-IRS-EUR-MEN	Europe, Middle East & Africa MENA
IRD-IRS-EUR-SCA	Europe, Middle East & Africa Scandi
IRD-IRS-APA-ALL	Asia Pacific ALL
IRD-IRS-APA-AUS	Asia Pacific Australasia
IRD-IRS-APA-GCH	Asia Pacific Greater China
IRD-IRS-APA-CHI	Asia Pacific China
IRD-IRS-APA-JPY	Asia Pacific Japan
IRD-IRS-APA-KOR	Asia Pacific Korea
IRD-IRS-APA-SEA	Asia Pacific South East Asia

FAQ:

Question	Answer
How many snap files are available per day?	24 files per day
What are the Key benefits of TraditionData Data package?	Manage Interest Rate Risk: Interest rate swaps can be used to manage the interest rate risk in a portfolio by allowing market participants to exchange a stream of fixed interest payments for a stream of floating interest payments, or vice versa, which can help to mitigate the impact of rising or falling interest rates on the value of the portfolio. Enhance Yields: You can enhance the yield of a portfolio using interest rate swaps by allowing market participants to take advantage of favourable interest rate differentials between different markets or currencies. Improve Diversification: By using interest rate swaps, investors can diversify their portfolio by adding exposure to different markets or currencies, which can help to reduce overall portfolio risk. Hedge Interest Rate Exposure: Interest rate swaps can be used as a hedging tool to offset the interest rate exposure of a portfolio. For example, a fixed rate borrower can use an interest rate swap to pay floating rate, thus hedging the interest rate risk. Create Synthetic Positions: Create synthetic positions by using interest rate swaps which can be used to replicate the cash flows of an underlying asset without actually owning the asset. This can be useful for investors who want to gain exposure to a specific market or asset class without incurring the costs or risks associated with owning the underlying asset. Enhance Yields on Fixed Rate Assets: Interest rate swaps can be used to enhance the yield on fixed rate assets by swapping the fixed rate for a floating rate, thus taking advantage of favourable interest rate differentials between different markets or currencies.
What is an interest rate swap ?	An interest rate swap is a financial derivative that allows market participants to exchange a stream of fixed interest payments for a stream of floating interest payments, or vice versa. These swaps are commonly used to manage interest rate risk and to take advantage of favourable interest rate differentials between different markets or currencies.
How are interest rate swaps calculated?	An interest rate swap is calculated based on the difference between fixed interest payments and floating interest payments, with the objective of hedging against interest rate risk or taking advantage of changing interest rate conditions.
Is Historical Data Available?	Yes, since 2021

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