Gross Notional Outstanding - FX (Millions of USD)

FX by Product & Cleared Status

Product Cleared Uncleared Total
Swaps & Forwards 31,353 28,844,115 28,875,467
NDF 879,409 2,831,553 3,710,961
Options 1,694 6,320,541 6,322,235
Exotics 11 500,264 500,274
Cross Currency 36,698 11,809,447 11,846,145
TOTAL 949,165 50,305,918 51,255,083

FX by Major Currency Pair, Region & Product

Currency Pair1 Swaps & Forwards NDF7 Options Exotics Cross Currency Total
USD/ 26,301,466 3,658,250 5,323,841 428,041 11,261,846 46,973,444
EUROPE 12,239,731 96,304 1,690,462 153,646 4,976,023 19,156,166
EUR 6,938,958 56,335 1,185,074 113,927 2,952,522 11,246,816
GBP 3,121,983 22,393 320,401 30,354 1,514,042 5,009,173
CHF 997,648 12,095 149,949 5,439 233,938 1,399,069
OTHER2 1,181,142 5,482 35,037 3,925 275,521 1,501,108
AMERICAS/CARIBBEAN 2,024,716 821,522 731,193 52,499 1,383,201 5,013,131
CAD 1,502,828 6,509 241,019 22,560 909,442 2,682,358
BRL 661 408,057 243,967 16,933 6,039 675,657
OTHER3 521,227 406,956 246,207 13,006 467,720 1,655,116
ASIA/PACIFIC 11,297,701 2,720,736 2,521,868 203,218 4,492,476 21,235,999
JPY 5,680,540 42,971 1,065,562 128,426 2,779,085 9,696,584
CNY 1,393,409 196,842 577,069 34,465 75,673 2,277,459
KRW 110,062 831,641 123,145 6,023 52,988 1,123,858
HKD 1,023,238 7,486 170,407 2,378 92,533 1,296,041
AUD 1,779,681 13,296 195,083 15,927 1,049,548 3,053,536
OTHER4 1,310,771 1,628,501 390,601 15,999 442,649 3,788,520
OTHER5 739,318 19,688 380,318 18,678 410,147 1,568,148
EUR/non-USD 2,002,956 25,776 656,238 39,736 341,190 3,065,896
OTHER6 571,045 26,935 342,156 32,497 243,109 1,215,742
TOTAL 28,875,467 3,710,961 6,322,235 500,274 11,846,145 51,255,083
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 5,194,201 8,157,169 8,003,968 4,082,089 3,438,040 28,875,467
NDF 683,415 1,371,878 757,975 462,391 435,302 3,710,961
Options 334,823 910,028 1,018,416 1,493,005 2,565,964 6,322,235
Exotics 12,101 56,180 74,047 100,827 257,120 500,274
Cross Currency 2,101 9,953 626,588 498,832 10,708,671 11,846,145
TOTAL 6,226,642 10,505,208 10,480,994 6,637,143 17,405,097 51,255,083

FX by Product, Participant Type & Cleared Status

  Swap Dealers/MSPs Others
Product Cleared Uncleared Cleared Uncleared
Swaps & Forwards 24,383 41,721,446 38,323 15,966,783
NDF 1,608,535 4,035,080 150,282 1,628,025
Options 2,798 9,814,483 591 2,826,599
Exotics 21 620,344 0 380,184
Cross Currency 43,577 20,062,588 29,819 3,556,306
TOTAL 1,679,314 76,253,941 219,015 24,357,896
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.