Gross Notional Outstanding - FX (Millions of USD)

FX by Product & Cleared Status

Product Cleared Uncleared Total
Swaps & Forwards 30,000 27,945,831 27,975,832
NDF 1,029,850 3,096,282 4,126,132
Options 2,174 5,681,094 5,683,268
Exotics 20 453,272 453,292
Cross Currency 59,193 10,561,821 10,621,014
TOTAL 1,121,237 47,738,300 48,859,537
       

FX by Major Currency Pair, Region & Product

Currency Pair1 Swaps & Forwards NDF7 Options Exotics Cross Currency Total
USD/ 25,430,732 4,074,626 4,937,333 411,710 10,117,422 44,971,823
EUROPE 11,760,983 99,821 1,624,560 145,092 5,111,050 18,741,506
EUR 6,814,760 66,147 1,272,987 117,232 3,133,525 11,404,651
GBP 3,018,766 20,712 205,087 22,807 1,483,365 4,750,737
CHF 916,077 8,385 124,667 2,182 251,426 1,302,736
OTHER2 1,011,381 4,577 21,820 2,871 242,734 1,283,382
AMERICAS/CARIBBEAN 1,680,102 939,292 716,373 58,353 1,044,115 4,438,235
CAD 1,180,841 7,781 277,900 18,128 708,335 2,192,984
BRL 94 517,413 196,657 4,913 8,690 727,766
OTHER3 499,167 414,099 241,816 35,313 327,090 1,517,485
ASIA/PACIFIC 11,286,707 3,011,682 2,304,629 198,757 3,737,784 20,539,559
JPY 6,658,951 34,649 1,119,954 119,427 2,047,994 9,980,975
CNY 1,064,390 165,943 352,728 25,991 90,082 1,699,135
KRW 137,630 1,067,845 177,753 4,726 80,231 1,468,185
HKD 757,190 5,067 146,989 2,880 119,253 1,031,380
AUD 1,359,514 18,326 184,484 23,144 972,547 2,558,014
OTHER4 1,309,031 1,719,852 322,722 22,590 427,677 3,801,872
OTHER5 702,940 23,831 291,771 9,507 224,473 1,252,522
EUR/non-USD 2,035,079 26,480 440,012 27,223 333,679 2,862,472
OTHER6 510,021 25,026 305,923 14,358 169,913 1,025,242
TOTAL 27,975,832 4,126,132 5,683,268 453,292 10,621,014 48,859,537
             
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 5,430,619 7,700,498 7,527,372 3,875,522 3,441,820 27,975,832
NDF 716,703 1,241,884 740,305 576,223 851,017 4,126,132
Options 297,673 639,324 890,590 1,421,920 2,433,762 5,683,268
Exotics 14,742 56,114 56,175 84,810 241,450 453,292
Cross Currency 678 7,952 375,851 309,861 9,926,672 10,621,014
TOTAL 6,460,415 9,645,772 9,590,293 6,268,336 16,894,721 48,859,537
             

FX by Product, Participant Type & Cleared Status

  Swap Dealers/MSPs Others
Product Cleared Uncleared Cleared Uncleared
Swaps & Forwards 20,726 39,180,325 39,275 16,711,337
NDF 1,894,912 4,253,759 164,787 1,938,805
Options 3,761 8,888,304 587 2,473,884
Exotics 40 540,826 0 365,717
Cross Currency 76,930 17,657,495 41,456 3,466,146
TOTAL 1,996,368 70,520,710 246,106 24,955,889
         
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.