Gross Notional Outstanding - FX (Millions of USD)

FX by Product & Cleared Status

Product Cleared Uncleared Total
Swaps & Forwards 28,010 31,817,717 31,845,727
NDF 1,031,618 3,072,269 4,103,888
Options 2,057 6,269,101 6,271,158
Exotics 116 537,440 537,556
Cross Currency 39,442 11,798,671 11,838,113
TOTAL 1,101,244 53,495,198 54,596,442

FX by Major Currency Pair, Region & Product

Currency Pair1 Swaps & Forwards NDF7 Options Exotics Cross Currency Total
USD/ 28,920,387 4,043,775 5,314,808 448,177 11,321,224 50,048,371
EUROPE 13,893,750 99,448 1,765,536 161,563 5,019,674 20,939,970
EUR 7,859,610 58,955 1,239,898 115,298 2,954,600 12,228,360
GBP 3,590,975 23,118 347,474 40,522 1,526,618 5,528,708
CHF 1,140,604 10,691 151,363 4,086 261,475 1,568,218
OTHER2 1,302,561 6,684 26,801 1,657 276,981 1,614,684
AMERICAS/CARIBBEAN 1,986,677 1,078,233 730,808 53,043 1,511,710 5,360,471
CAD 1,465,201 4,670 216,672 15,289 896,777 2,598,608
BRL 612 621,434 256,358 9,244 6,864 894,512
OTHER3 520,865 452,130 257,778 28,509 608,070 1,867,351
ASIA/PACIFIC 12,297,693 2,841,605 2,445,820 215,456 4,410,654 22,211,229
JPY 6,808,550 38,720 1,151,665 137,304 2,655,633 10,791,872
CNY 1,333,191 210,993 517,400 43,265 75,512 2,180,360
KRW 127,047 824,728 82,406 4,552 56,572 1,095,305
HKD 1,045,154 8,532 164,887 2,952 100,150 1,321,674
AUD 1,646,105 13,413 197,567 12,676 1,071,708 2,941,469
OTHER4 1,337,646 1,745,219 331,895 14,708 451,079 3,880,547
OTHER5 742,267 24,489 372,644 18,115 379,186 1,536,701
EUR/non-USD 2,279,015 28,983 622,209 61,135 345,031 3,336,372
OTHER6 646,325 31,130 334,141 28,244 171,859 1,211,699
TOTAL 31,845,727 4,103,888 6,271,158 537,556 11,838,113 54,596,442
1 Currency pairs having USD on one side are grouped into 4 geographic regions, namely Europe, Americas/Caribbean, Asia/Pacific, and Other.
2 Other major currencies in EUROPE region include SEK, NOK, DKK, PLN, and CZK.
3 Other major currencies in Americas/Caribbean region include MXN, CLP, COP, PEN, and ARS.
4 Other major currencies in Asia/Pacific include INR, TWD, SGD, NZD, and RUB.
5 Regions within the Other category include the Middle East and Africa.
6 Category includes currency pairs without USD or EUR leg. 
7 Top currency pairs for NDF not included above are USD versus INR, TWD, and IDR. 

FX by Product & Tenor (Calendar Days)

Product 0-30 31-90 91-180 181-360 360+ Total
Swaps & Forwards 6,173,400 9,191,839 8,708,925 4,316,859 3,454,704 31,845,727
NDF 800,524 1,441,199 820,355 529,884 511,926 4,103,888
Options 313,063 985,933 983,766 1,481,411 2,506,986 6,271,158
Exotics 10,004 78,007 85,249 103,619 260,677 537,556
Cross Currency 1,214 7,129 717,257 431,690 10,680,823 11,838,113
TOTAL 7,298,204 11,704,107 11,315,553 6,863,463 17,415,116 54,596,442

FX by Product, Participant Type & Cleared Status

  Swap Dealers/MSPs Others
Product Cleared Uncleared Cleared Uncleared
Swaps & Forwards 18,579 46,819,068 37,441 16,816,366
NDF 1,886,872 4,313,586 176,365 1,830,953
Options 3,364 9,798,939 750 2,739,263
Exotics 126 660,140 106 414,740
Cross Currency 46,400 20,204,654 32,485 3,392,688
TOTAL 1,955,341 81,796,387 247,147 25,194,009
These tables show a weekly snapshot of gross notional amount outstanding. Individual tables break this down by product type, cleared status, tenor or currency. All numbers in the tables represent millions of USD. All tables include all participant types, tenors and currencies. For cleared swaps, these tables reflect only the legs held by the non-CCP counterparty; using this restriction, the numbers on this table are analogous to the notional value represented by futures open interest.
The Commission requests feedback on the format and content of this CFTC Swaps Report table. Submit comments to swapsreport@cftc.gov.