The amount of single-name credit default swaps cleared through Ice Clear Credit as a proportion of total outstanding notional more than doubled between 2015 and 2017, from 5% to 11% – the combined result of a hike in the volume of trades shuttled through the central counterparty and a decline in the overall size of the market.

#### 7 days in 60 seconds

###### CCPs, handling default, and cyber risk

The week on Risk.net, September 15–21, 2018