Gross Notional Outstanding - FX (Millions of USD) - 12/27/2024

FX by Product & Cleared Status

ProductClearedUnclearedTotal
Swaps & Forwards52,74231,063,41931,116,161
NDF1,695,0834,292,9665,988,049
Options429,1867,897,3018,326,487
OTHER*129,18914,229,71814,358,907
TOTAL2,306,20057,483,40359,789,604
    
* Includes cross-currency and exotics.

FX by Major Currency Pair, Region & Product

Currency Pair1Swaps & ForwardsNDF7OptionsOther8Total
USD/29,108,6165,947,7767,690,34313,798,68756,545,421
EUROPE12,645,42065,8662,894,2297,843,80823,449,323
EUR6,867,55535,2642,345,0364,644,94713,892,801
GBP3,207,77513,084312,2432,501,8096,034,911
CHF1,162,3387,960201,500428,1491,799,947
OTHER21,407,7529,55935,451268,9031,721,664
AMERICAS/CARIBBEAN2,742,5421,509,421964,8411,477,0866,693,890
CAD1,940,9159,169576,3181,074,3783,600,780
BRL4481,010,608221,41321,2711,253,741
OTHER3801,178489,644167,110381,4371,839,368
ASIA/PACIFIC12,882,8864,342,3693,664,1134,380,54525,269,914
JPY4,949,19724,2731,466,0002,573,8579,013,326
CNY2,774,070207,356703,513249,2333,934,172
KRW185,1001,081,35187,32586,0171,439,792
HKD1,757,0944,143555,309158,0272,474,572
AUD1,481,5529,967299,724932,8962,724,139
OTHER41,735,8743,015,280552,243380,5155,683,912
OTHER5837,76830,119167,15997,2491,132,295
EUR/non-USD1,569,22123,854457,879347,7142,398,667
OTHER6438,32516,419178,266212,506845,516
TOTAL31,116,1615,988,0498,326,48714,358,90759,789,604
      
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. 
8 Includes cross-currency and exotics. 

FX by Product & Tenor (Calendar Days)

Product0-3031-9091-180181-360360+Total
Swaps & Forwards5,896,0438,862,1277,962,5274,266,3814,129,08331,116,161
NDF741,8922,036,4361,363,3331,054,911791,4765,988,049
Options356,6081,247,9281,505,8452,228,0332,988,0748,326,487
OTHER*45,49875,133702,824459,03813,076,41414,358,907
TOTAL7,040,04112,221,62311,534,5298,008,36320,985,04759,789,604
       
* Includes cross-currency and exotics.

FX by Product, Participant Type & Cleared Status

 Swap Dealers/MSPsOthers
ProductClearedUnclearedClearedUncleared
Swaps & Forwards105,13244,480,60435317,646,233
NDF3,235,3396,045,770154,8262,540,162
Options858,37312,032,67903,761,923
OTHER*167,15824,328,91491,2194,130,522
TOTAL4,366,00286,887,966246,39828,078,840
     
* Includes cross-currency and exotics.
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 [email protected].