Gross Notional Outstanding - FX (Millions of USD) - 06/03/2022

FX by Product & Cleared Status

Product Cleared Uncleared Total
Swaps & Forwards 11,634 31,965,719 31,977,353
NDF 1,455,979 3,720,118 5,176,097
Options 89,694 6,286,981 6,376,675
Exotics 0 784,765 784,765
Cross Currency 84,306 11,608,049 11,692,355
TOTAL 1,641,612 54,365,633 56,007,246
       

FX by Major Currency Pair, Region & Product

Currency Pair1 Swaps & Forwards NDF7 Options Exotics Cross Currency Total
USD/ 29,455,689 5,127,814 5,651,385 395,958 11,165,809 51,796,655
EUROPE 13,805,425 156,431 1,905,367 109,940 6,150,312 22,127,475
EUR 7,156,428 92,208 1,445,840 89,684 3,726,288 12,510,448
GBP 3,956,919 40,015 306,500 17,588 1,878,066 6,199,088
CHF 1,119,453 15,678 123,612 1,829 267,472 1,528,044
OTHER2 1,572,624 8,530 29,415 839 278,486 1,889,894
AMERICAS/CARIBBEAN 2,738,192 1,234,242 700,916 17,576 1,222,836 5,913,762
CAD 2,081,081 12,442 324,308 9,484 855,389 3,282,703
BRL 1,433 595,727 194,299 4,243 22,287 817,989
OTHER3 655,679 626,073 182,309 3,849 345,159 1,813,070
ASIA/PACIFIC 12,087,949 3,698,783 2,887,818 132,408 3,654,228 22,461,187
JPY 4,665,303 48,139 1,052,844 31,768 1,831,308 7,629,363
CNY 2,100,791 166,714 903,581 75,052 145,955 3,392,093
KRW 170,516 1,020,223 68,874 6,840 91,660 1,358,114
HKD 1,169,991 13,063 213,278 254 135,865 1,532,450
AUD 1,959,129 24,994 254,003 5,759 1,089,857 3,333,742
OTHER4 2,022,220 2,425,650 395,239 12,734 359,583 5,215,425
OTHER5 824,122 38,358 157,284 136,035 138,433 1,294,231
EUR/non-USD 1,930,838 28,750 528,813 295,269 322,566 3,106,236
OTHER6 590,826 19,533 196,477 93,538 203,980 1,104,355
TOTAL 31,977,353 5,176,097 6,376,675 784,765 11,692,355 56,007,246
             
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 6,213,502 9,008,634 8,066,089 4,634,859 4,054,269 31,977,353
NDF 808,891 1,962,273 1,031,237 708,215 665,481 5,176,097
Options 325,471 1,156,944 1,171,908 1,460,373 2,261,979 6,376,675
Exotics 34,886 87,337 94,929 320,323 247,290 784,765
Cross Currency 1,877 65,903 420,072 330,621 10,873,882 11,692,355
TOTAL 7,384,628 12,281,092 10,784,234 7,454,391 18,102,900 56,007,246
             

FX by Product, Participant Type & Cleared Status

  Swap Dealers/MSPs Others
Product Cleared Uncleared Cleared Uncleared
Swaps & Forwards 20,923 44,548,538 2,345 19,382,901
NDF 2,749,334 5,207,152 162,624 2,233,085
Options 179,388 9,640,243 0 2,933,720
Exotics 0 965,076 0 604,454
Cross Currency 113,104 19,610,674 55,508 3,605,425
TOTAL 3,062,748 79,971,682 220,476 28,759,585
         
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]