Gross Notional Outstanding - FX (Millions of USD)

FX by Product & Cleared Status

Product Cleared Uncleared Total
Swaps & Forwards 42,326 34,003,748 34,046,074
NDF 1,052,692 3,355,989 4,408,680
Options 3,832 5,775,614 5,779,446
Exotics 18 453,956 453,974
Cross Currency 64,840 10,944,563 11,009,403
TOTAL 1,163,707 54,533,869 55,697,576
       

FX by Major Currency Pair, Region & Product

Currency Pair1 Swaps & Forwards NDF7 Options Exotics Cross Currency Total
USD/ 30,923,286 4,355,372 5,034,790 413,532 10,534,065 51,261,045
EUROPE 14,558,031 152,423 1,816,439 164,879 5,390,602 22,082,374
EUR 8,197,690 96,173 1,451,346 132,676 3,347,795 13,225,679
GBP 3,825,691 30,947 218,222 27,619 1,511,115 5,613,594
CHF 1,084,487 12,364 103,833 1,584 268,440 1,470,707
OTHER2 1,450,164 12,939 43,039 3,001 263,252 1,772,394
AMERICAS/CARIBBEAN 2,235,919 953,192 602,122 52,013 1,119,617 4,962,863
CAD 1,521,553 8,724 232,040 11,951 740,079 2,514,347
BRL 2,430 464,850 160,769 6,521 8,592 643,162
OTHER3 711,935 479,619 209,313 33,542 370,946 1,805,355
ASIA/PACIFIC 13,282,166 3,224,077 2,352,181 187,354 3,776,799 22,822,577
JPY 7,801,291 40,131 1,068,064 110,751 2,071,833 11,092,071
CNY 1,306,810 183,859 422,466 35,148 92,985 2,041,267
KRW 125,959 960,067 168,712 3,449 81,345 1,339,532
HKD 737,766 4,757 148,556 3,140 126,271 1,020,491
AUD 1,734,076 25,780 186,385 18,772 984,243 2,949,256
OTHER4 1,576,263 2,009,484 357,998 16,095 420,122 4,379,961
OTHER5 847,171 25,679 264,048 9,285 247,048 1,393,231
EUR/non-USD 2,501,356 32,453 436,150 25,149 331,922 3,327,029
OTHER6 621,431 20,856 308,506 15,293 143,416 1,109,502
TOTAL 34,046,074 4,408,680 5,779,446 453,974 11,009,403 55,697,576
             
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 7,598,195 9,345,198 9,269,317 4,393,627 3,439,737 34,046,074
NDF 1,017,446 1,272,804 921,056 564,197 633,177 4,408,680
Options 346,575 761,216 873,819 1,350,078 2,447,758 5,779,446
Exotics 16,457 69,850 64,283 73,475 229,909 453,974
Cross Currency 1,357 7,187 449,751 305,311 10,245,796 11,009,403
TOTAL 8,980,029 11,456,255 11,578,226 6,686,690 16,996,376 55,697,576
             

FX by Product, Participant Type & Cleared Status

  Swap Dealers/MSPs Others
Product Cleared Uncleared Cleared Uncleared
Swaps & Forwards 22,465 47,800,749 62,186 20,206,747
NDF 1,940,081 4,616,529 165,302 2,095,448
Options 6,622 9,053,188 1,041 2,498,040
Exotics 36 543,508 0 364,404
Cross Currency 84,873 18,350,453 44,807 3,538,672
TOTAL 2,054,078 80,364,427 273,336 28,703,311
         
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.