Gross Notional Outstanding - FX (Millions of USD)

FX by Product & Cleared Status

Product Cleared Uncleared Total
Swaps & Forwards 27,478 29,596,558 29,624,036
NDF 1,198,623 3,579,717 4,778,341
Options 3,263 6,179,083 6,182,347
Exotics 21 455,724 455,745
Cross Currency 50,334 10,732,644 10,782,978
TOTAL 1,279,719 50,543,727 51,823,446

FX by Major Currency Pair, Region & Product

Currency Pair1 Swaps & Forwards NDF7 Options Exotics Cross Currency Total
USD/ 27,139,291 4,726,522 5,408,411 402,742 10,316,650 47,993,615
EUROPE 12,964,193 125,463 1,881,711 148,955 5,025,609 20,145,930
EUR 7,469,080 81,306 1,431,787 123,397 3,008,800 12,114,370
GBP 3,329,274 23,232 270,513 22,783 1,501,015 5,146,817
CHF 1,084,502 12,658 159,653 1,600 258,033 1,516,446
OTHER2 1,081,338 8,267 19,757 1,175 257,761 1,368,297
AMERICAS/CARIBBEAN 1,969,964 982,627 670,958 52,236 1,062,145 4,737,930
CAD 1,334,955 8,598 277,576 15,443 722,802 2,359,374
BRL 121 529,386 166,314 4,463 8,781 709,064
OTHER3 634,889 444,644 227,068 32,330 330,562 1,669,493
ASIA/PACIFIC 11,397,291 3,585,766 2,523,463 187,011 3,959,046 21,652,576
JPY 6,176,667 53,776 1,290,926 112,774 2,227,377 9,861,521
CNY 1,095,510 155,980 384,930 28,649 87,795 1,752,864
KRW 163,202 1,263,592 170,706 5,111 75,681 1,678,292
HKD 777,450 7,149 133,102 3,541 105,666 1,026,909
AUD 1,681,508 17,114 175,557 21,767 1,033,118 2,929,065
OTHER4 1,502,953 2,088,154 368,240 15,169 429,409 4,403,926
OTHER5 807,844 32,665 332,279 14,540 269,850 1,457,179
EUR/non-USD 1,987,863 28,089 501,035 31,162 316,337 2,864,487
OTHER6 496,881 23,730 272,901 21,841 149,991 965,343
TOTAL 29,624,036 4,778,341 6,182,347 455,745 10,782,978 51,823,446
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 5,583,439 8,401,762 8,395,833 3,767,801 3,475,200 29,624,036
NDF 842,004 1,617,833 903,279 543,632 871,592 4,778,341
Options 399,539 1,090,547 909,736 1,408,651 2,373,874 6,182,347
Exotics 16,452 49,426 51,622 92,839 245,406 455,745
Cross Currency 1,146 8,415 488,382 347,983 9,937,052 10,782,978
TOTAL 6,842,580 11,167,982 10,748,852 6,160,907 16,903,124 51,823,446

FX by Product, Participant Type & Cleared Status

  Swap Dealers/MSPs Others
Product Cleared Uncleared Cleared Uncleared
Swaps & Forwards 19,494 40,692,558 35,461 18,500,558
NDF 2,202,976 4,935,132 194,271 2,224,303
Options 5,577 9,461,338 950 2,896,829
Exotics 41 544,899 0 366,549
Cross Currency 63,087 17,988,235 37,580 3,477,053
TOTAL 2,291,176 73,622,161 268,262 27,465,293
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.