On January 2, the DTCC’s Swap Data Repository (SDR) began operating. One of the requirements the Dodd-Frank Act (DFA) put on any SDR was the public availability of the trade (and other transaction) reports being sent in by market participants. Already, we are seeing both the uses and limitations of this data.
In order to see anything, we need to know where to look. The public access URL is https://rtdata.dtcc.com. This opens the window below:
The Slice windows will allow you to filter trade data by product type, and the Report Center will allow you to access reports that you have generated elsewhere. Clicking on any of the links in the slice windows will download the data as a zip file that can be unpacked into a spreadsheet.
The output of the second general slice report, in a cleaned up spreadsheet, contains a variety of swaps types: FRAs, fixed-floating, cross-currency basis, and OIS. They are sorted in order of execution timestamp, but could be sorted by product type and then legs, to group like transactions for price comparison. Columns can also be filtered, so that you only see trades within product types or execution windows, or start and end dates.