Form FR 3036 FR 3036 Central Bank Survey of Foreign Exchange and Derivatives

FR 3036
OMB Number 7100-0285
Approval expires March 31, 2019
Page 1 of 10

Board of Governors of the Federal Reserve System

Report Forms for the
Central Bank Survey of Foreign Exchange
and Derivatives Market Activity—FR 3036
Turnover Survey as of April 2016
This report is authorized by law (12 U.S.C. §§ 248(a), 353-359, and
461). Your voluntary cooperation in submitting this report is needed
to make the results comprehensive, accurate, and timely. The
Federal Reserve may not conduct or sponsor, and an organization is
not required to respond to, a collection of information unless it displays a currently valid OMB number. The Federal Reserve System

regards the individual institution information provided by each
respondent as confidential (5 U.S.C. § 552(B)(4)). If it should be
determined that any information collected on this form must be
released, other than in the aggregate in ways that will not reveal
the amounts reported by any one institution, respondents will be
notified.

Public reporting burden for this collection of information is estimated to be 55 hours per response, including time to gather and maintain data in the proper form, to review instructions and to
complete the information collection. Send comments regarding this burden estimate to: Secretary, Board of Governors of the Federal Reserve System, 20th and C Streets, NW,
Washington, DC 20551; and to the Office of Management and Budget, Paperwork Reduction Project (7100-0285), Washington, DC 20503.

03/2016

FR 3036
Page 2 of 10

Central Bank Survey of Foreign Exchange and Derivatives Market Activity
Table A1—Foreign Exchange Contracts¹
Turnover in nominal or notional principal amounts in April 2016
USD against

U.S. Dollar Amounts in Millions AUD BRL CAD CHF CNY EUR GBP HKD INR
INSTRUMENTS
SPOT3
1. With reporting dealers .........................................
a. Local ..........................................................
b. Cross-border.................................................
2. With other financial institutions................................
a. Local ..........................................................
b. Cross-border.................................................
c. Non-reporting banks ........................................
d. Institutional investors .......................................
e. Hedge funds and proprietary trading firms ...............
f. Official sector financial institutions ........................
g. Others ........................................................
h. Undistributed ................................................
3. With nonfinancial customers ..................................
a. Local ..........................................................
b. Cross-border.................................................
Total Spot..........................................................
1. o/w prime brokered ............................................
2. o/w retail-driven ................................................
OUTRIGHT FORWARDS4
1. With reporting dealers .........................................
a. Local ..........................................................
b. Cross-border.................................................
2. With other financial institutions................................
a. Local ..........................................................
b. Cross-border.................................................
c. Non-reporting banks ........................................
d. Institutional investors .......................................
e. Hedge funds and proprietary trading firms ...............
f. Official sector financial institutions ........................
g. Others ........................................................
h. Undistributed ................................................
3. With nonfinancial customers ..................................
a. Local ..........................................................
b. Cross-border.................................................
Total Outright Forwards ........................................
1. o/w prime brokered ............................................
2. o/w retail-driven ................................................
3. o/w non-deliverable forwards5 ................................
MATURITIES OUTRIGHT FORWARDS
1. Seven days or less .............................................
2. Over seven days and up to one year . . . . . . . . . . . . . . . . . . . . . . . . . . .
3. Over one year...................................................
FOREIGN EXCHANGE SWAPS6
1. With reporting dealers .........................................
a. Local ..........................................................
b. Cross-border.................................................
2. With other financial institutions................................
a. Local ..........................................................
b. Cross-border.................................................
c. Non-reporting banks ........................................
d. Institutional investors .......................................
e. Hedge funds and proprietary trading firms ...............
f. Official sector financial institutions ........................
g. Others ........................................................
h. Undistributed ................................................
3. With nonfinancial customers ..................................
a. Local ..........................................................
b. Cross-border.................................................
Total Foreign Exchange Swaps ...............................
1. o/w prime brokered ............................................
2. o/w retail-driven ................................................
MATURITIES FOREIGN EXCHANGE SWAPS
1. Seven days or less .............................................
2. Over seven days and up to one year.........................
3. Over one year...................................................

JPY KRW MXN NOK NZD

PLN RUB SEK SGD TRY TWD ZAR Other ² Total

1.
1.a.
1.b.
2.
2.a.
2.b.
2.c.
2.d.
2.e.
2.f.
2.g.
2.h.
3.
3.a.
3.b.
1.
2.
1.
1.a.
1.b.
2.
2.a.
2.b.
2.c.
2.d.
2.e.
2.f.
2.g.
2.h.
3.
3.a.
3.b.
1.
2.
3.
1.
2.
3.
1.
1.a.
1.b.
2.
2.a.
2.b.
2.c.
2.d.
2.e.
2.f.
2.g.
2.h.
3.
3.a.
3.b.
1.
2.
1.
2.
3.

1. All transactions involving exposure to more than one currency, whether in interest rates or exchange rates. 2. "Other" covers currencies that are included in the Triennial but not explicitly listed in each column of this table. See also table A4 for a more detailed breakdown of total turnover in "other" currencies.
3. Excluding "tomorrow/next day" transactions. 4. Including non-deliverable forwards and other contracts-for-differences. 5. Data should be provided for the "total" column. 6. Currency pairs as well as for the "other" and "total" column.

03/2016

FR 3036
Page 3 of 10

Central Bank Survey of Foreign Exchange and Derivatives Market Activity
Table A2—Foreign Exchange Contracts¹
Turnover in nominal or notional principal amounts in April 2016
EUR against

JPY against

Resi- Grand

U.S. Dollar Amounts in Millions AUD CAD CHF CNY DKK GBP HUF JPY NOK PLN SEK TRY Other2 Total AUD BRL CAD NZD TRY ZAR Other2 Total dual3 Total4
INSTRUMENTS
SPOT5
1. With reporting dealers .........................................
a. Local ..........................................................
b. Cross-border.................................................
2. With other financial institutions................................
a. Local ..........................................................
b. Cross-border.................................................
c. Non-reporting banks ........................................
d. Institutional investors .......................................
e. Hedge funds and proprietary trading firms ...............
f. Official sector financial institutions ........................
g. Others ........................................................
h. Undistributed ................................................
3. With nonfinancial customers ..................................
a. Local ..........................................................
b. Cross-border.................................................
Total Spot..........................................................
1. o/w prime brokered ............................................
2. o/w retail-driven.................................................
OUTRIGHT FORWARDS6
1. With reporting dealers .........................................
a. Local ..........................................................
b. Cross-border.................................................
2. With other financial institutions................................
a. Local ..........................................................
b. Cross-border.................................................
c. Non-reporting banks ........................................
d. Institutional investors .......................................
e. Hedge funds and proprietary trading firms ...............
f. Official sector financial institutions ........................
g. Others ........................................................
h. Undistributed ................................................
3. With nonfinancial customers ..................................
a. Local ..........................................................
b. Cross-border.................................................
Total Outright Forwards ........................................
1. o/w prime brokered ............................................
2. o/w retail-driven ................................................
3. o/w non-deliverable forwards7 ................................
MATURITIES OUTRIGHT FORWARDS
1. Seven days or less .............................................
2. Over seven days and up to one year . . . . . . . . . . . . . . . . . . . . . . . . . . .
3. Over one year...................................................
FOREIGN EXCHANGE SWAPS8
1. With reporting dealers .........................................
a. Local ..........................................................
b. Cross-border.................................................
2. With other financial institutions................................
a. Local ..........................................................
b. Cross-border.................................................
c. Non-reporting banks ........................................
d. Institutional investors .......................................
e. Hedge funds and proprietary trading firms ...............
f. Official sector financial institutions ........................
g. Others ........................................................
h. Undistributed ................................................
3. With nonfinancial customers ..................................
a. Local ..........................................................
b. Cross-border.................................................
Total Foreign Exchange Swaps ...............................
1. o/w prime brokered ............................................
2. o/w retail-driven ................................................
MATURITIES FOREIGN EXCHANGE SWAPS
1. Seven days or less .............................................
2. Over seven days and up to one year.........................
3. Over one year...................................................

1.
1.a.
1.b.
2.
2.a.
2.b.
2.c.
2.d.
2.e.
2.f.
2.g.
2.h.
3.
3.a.
3.b.
1.
2.
1.
1.a.
1.b.
2.
2.a.
2.b.
2.c.
2.d.
2.e.
2.f.
2.g.
2.h.
3.
3.a.
3.b.
1.
2.
3.
1.
2.
3.
1.
1.a.
1.b.
2.
2.a.
2.b.
2.c.
2.d.
2.e.
2.f.
2.g.
2.h.
3.
3.a.
3.b.
1.
2.
1.
2.
3.

1. All transactions involving exposure to more than one currency, whether in interest rates or exchange rates. 2. "Other" covers currencies that are included in the Triennial but not explicitly listed in each column of this table. See also table A3 for a more detailed breakdown of total turnover in "other" currencies.
3. "Residual" covers all currency pairs except those involving the domestic currency, the USD, the EUR, and the JPY. 4. Covers the sum of the totals in tables A1, A2, and the column "Residual". 5. Excluding "tomorrow/next day" transactions. 6. Including non-deliverable forwards and other contracts-for-differences.
7. Data should only be provided for the "total" columns. 8. A swap is considered to be a single transaction in that the two legs are not counted separately.

03/2016

FR 3036
Page 4 of 10

Central Bank Survey of Foreign Exchange and Derivatives Market Activity
Table A3—Foreign Exchange Contracts¹
Turnover in nominal or notional principal amounts in April 2016

Total turnover in listed currencies against all other currencies2
IDR ILS INR KRW LTL LVL MXN MYR NOK NZD PEN PHP PLN RON RUB SAR SEK SGD THB TRY TWD ZAR Other

U.S. Dollar Amounts in Millions ARS AUD BGN BHD BRL CAD CHF CLP CNY COP CZK DKK GBP HKD HUF
INSTRUMENTS
SPOT3
1. With reporting dealers .........................................
a. Local ..........................................................
b. Cross-border.................................................
2. With other financial institutions................................
a. Local ..........................................................
b. Cross-border.................................................
c. Non-reporting banks ........................................
d. Institutional investors .......................................
e. Hedge funds and proprietary trading firms ...............
f. Official sector financial institutions ........................
g. Others ........................................................
h. Undistributed ................................................
3. With nonfinancial customers ..................................
a. Local ..........................................................
b. Cross-border.................................................
Total Spot..........................................................
1. o/w prime brokered ............................................
2. o/w retail-driven ................................................
OUTRIGHT FORWARDS4
1. With reporting dealers .........................................
a. Local ..........................................................
b. Cross-border.................................................
2. With other financial institutions................................
a. Local ..........................................................
b. Cross-border.................................................
c. Non-reporting banks ........................................
d. Institutional investors .......................................
e. Hedge funds and proprietary trading firms ...............
f. Official sector financial institutions ........................
g. Others ........................................................
h. Undistributed ................................................
3. With nonfinancial customers ..................................
a. Local ..........................................................
b. Cross-border.................................................
Total Outright Forwards ........................................
1. o/w prime brokered ............................................
2. o/w retail-driven.................................................
3. o/w non-deliverable forwards5.................................
MATURITIES OUTRIGHT FORWARDS
1. Seven days or less .............................................
2. Over seven days and up to one year . . . . . . . . . . . . . . . . . . . . . . . . . . .
3. Over one year...................................................
FOREIGN EXCHANGE SWAPS6
1. With reporting dealers .........................................
a. Local ..........................................................
b. Cross-border.................................................
2. With other financial institutions................................
a. Local ..........................................................
b. Cross-border.................................................
c. Non-reporting banks ........................................
d. Institutional investors .......................................
e. Hedge funds and proprietary trading firms ...............
f. Official sector financial institutions ........................
g. Others ........................................................
h. Undistributed ................................................
3. With nonfinancial customers ..................................
a. Local ..........................................................
b. Cross-border.................................................
Total Foreign Exchange Swaps ...............................
1. o/w prime brokered.............................................
2. o/w retail-driven.................................................
MATURITIES FOREIGN EXCHANGE SWAPS
1. Seven days or less .............................................
2. Over seven days and up to one year.........................
3. Over one year...................................................

1.
1.a.
1.b.
2.
2.a.
2.b.
2.c.
2.d.
2.e.
2.f.
2.g.
2.h.
3.
3.a.
3.b.
1.
2.
1.
1.a.
1.b.
2.
2.a.
2.b.
2.c.
2.d.
2.e.
2.f.
2.g.
2.h.
3.
3.a.
3.b.
1.
2.
1.
2.
3.
1.
1.a.
1.b.
2.
2.a.
2.b.
2.c.
2.d.
2.e.
2.f.
2.g.
2.h.
3.
3.a.
3.b.
1.
2.
1.
2.
3.

1. All transactions involving exposure to more than one currency, whether in interest rates or exchange rates. 2. Only transactions which are included in the columns "other" in tables A1, A2, and "residual" in table A2 . Trades involving the domestic currency, the USD, the EUR or the JPY in one leg, and any of the currencies
listed in this table in the other leg, should be allocated to the relevant currency column in this table once; these deals should correspond to the ones reported in columns "other" of tables A1 and A2. Trades between any two currencies listed in this table should be reported in both relevant currency columns, thus summing to
200% of the deal; these trades should correspond to the ones reported in column "residual" in table A2. Currencies subject to compulsory reporting have been marked in blue. 3. Excluding "tomorrow/next day" transactions. 4. Including non-deliverable forwards and other contracts-for-differences.
03/2016
5. Data should only be provided for the "total" column. 6 A swap is considered to be a single transaction in that the two legs are not counted separately. Includes "tomorrow/next day" transactions.

FR 3036
Page 5 of 10

Central Bank Survey of Foreign Exchange and Derivatives Market Activity
Table A4—Foreign Exchange Contracts¹
Turnover in nominal or notional principal amounts in April 2016
USD against

U.S. Dollar Amounts in Millions AUD BRL CAD CHF CNY EUR GBP HKD INR
INSTRUMENTS
CURRENCY SWAPS3
1. With reporting dealers .........................................
a. Local ..........................................................
b. Cross-border.................................................
2. With other financial institutions ...............................
a. Local ..........................................................
b. Cross-border.................................................
c. Non-reporting banks ........................................
d. Institutional investors .......................................
e. Hedge funds and proprietary trading firms ...............
f. Official sector financial institutions ........................
g. Others ........................................................
h. Undistributed ................................................
3. With nonfinancial customers ..................................
a. Local ..........................................................
b. Cross-border.................................................
Total Currency Swaps...........................................
1. o/w prime brokered ............................................
2. o/w retail-driven ................................................
OTC OPTIONS4
Sold
1. With reporting dealers .........................................
a. Local ..........................................................
b. Cross-border.................................................
2. With other financial institutions ...............................
a. Local ..........................................................
b. Cross-border.................................................
c. Non-reporting banks ........................................
d. Institutional investors .......................................
e. Hedge funds and proprietary trading firms ...............
f. Official sector financial institutions ........................
g. Others ........................................................
h. Undistributed ................................................
3. With nonfinancial customers ..................................
a. Local ..........................................................
b. Cross-border.................................................
Total OTC Options Sold.........................................
1. o/w prime brokered ............................................
2. o/w retail-driven ................................................
Bought
1. With reporting dealers .........................................
a. Local ..........................................................
b. Cross-border.................................................
2. With other financial institutions ...............................
a. Local ..........................................................
b. Cross-border.................................................
c. Non-reporting banks ........................................
d. Institutional investors .......................................
e. Hedge funds and proprietary trading firms ...............
f. Official sector financial institutions ........................
g. Others ........................................................
h. Undistributed ................................................
3. With nonfinancial customers ..................................
a. Local ..........................................................
b. Cross-border.................................................
Total OTC Options Bought .....................................
1. o/w prime brokered ............................................
2. o/w retail-driven ................................................
TOTAL OTC OPTIONS...........................................
TOTAL FX CONTRACTS ........................................
1. o/w prime brokered ............................................
2. o/w retail-driven ................................................

JPY KRW MXN NOK NZD

PLN RUB SEK SGD TRY TWD ZAR Other2 Total

1.
1.a.
1.b.
2.
2.a.
2.b.
2.c.
2.d.
2.e.
2.f.
2.g.
2.h.
3.
3.a.
3.b.
1.
2.
1.
1.a.
1.b.
2.
2.a.
2.b.
2.c.
2.d.
2.e.
2.f.
2.g.
2.h.
3.
3.a.
3.b.
1.
2.
1.
1.a.
1.b.
2.
2.a.
2.b.
2.c.
2.d.
2.e.
2.f.
2.g.
2.h.
3.
3.a.
3.b.
1.
2.
1.
2.

1. All transactions involving exposure to more than one currency, whether in interest rates or exchange rates. 2. "Other" covers currencies that are included in the Triennial but not explicitly listed in each column of this table. See also table A3 for a more detailed breakdown of total turnover in "other" currencies.
3. A swap is considered to be a single transaction in that the two legs are not counted separately. 4. Including currency warrants and multicurrency swaptions.
03/2016

FR 3036
Page 6 of 10

Central Bank Survey of Foreign Exchange and Derivatives Market Activity
Table A5—Foreign Exchange Contracts¹
Turnover in nominal or notional principal amounts in April 2016
EUR against

JPY against

Resi- Grand

U.S. Dollar Amounts in Millions AUD CAD CHF CNY DKK GBP HUF JPY NOK PLN SEK TRY Other2 Total AUD BRL CAD NZD TRY ZAR Other2 Total dual3 Total4
INSTRUMENTS
CURRENCY SWAPS5
1. With reporting dealers .........................................
a. Local ..........................................................
b. Cross-border.................................................
2. With other financial institutions................................
a. Local ..........................................................
b. Cross-border.................................................
c. Non-reporting banks ........................................
d. Institutional investors .......................................
e. Hedge funds and proprietary trading firms ...............
f. Official sector financial institutions ........................
g. Others ........................................................
h. Undistributed ................................................
3. With nonfinancial customers ..................................
a. Local ..........................................................
b. Cross-border.................................................
Total Currency Swaps...........................................
1. o/w prime brokered ............................................
2. o/w retail-driven ................................................
OTC OPTIONS6
Sold
1. With reporting dealers .........................................
a. Local ..........................................................
b. Cross-border.................................................
2. With other financial institutions................................
a. Local ..........................................................
b. Cross-border.................................................
c. Non-reporting banks ........................................
d. Institutional investors .......................................
e. Hedge funds and proprietary trading firms ...............
f. Official sector financial institutions ........................
g. Others ........................................................
h. Undistributed ................................................
3. With nonfinancial customers ..................................
a. Local ..........................................................
b. Cross-border.................................................
Total OTC Options Sold.........................................
1. o/w prime brokered ............................................
2. o/w retail-driven ................................................
Bought
1. With reporting dealers .........................................
a. Local ..........................................................
b. Cross-border.................................................
2. With other financial institutions................................
a. Local ..........................................................
b. Cross-border.................................................
c. Non-reporting banks ........................................
d. Institutional investors .......................................
e. Hedge funds and proprietary trading firms ...............
f. Official sector financial institutions ........................
g. Others ........................................................
h. Undistributed ................................................
3. With nonfinancial customers ..................................
a. Local ..........................................................
b. Cross-border.................................................
Total OTC Options Bought .....................................
1. o/w prime brokered ............................................
2. o/w retail-driven ................................................
TOTAL OTC OPTIONS ...........................................
OTHER PRODUCTS7.............................................
TOTAL FX CONTRACTS ........................................
1. o/w prime brokered ............................................
2. o/w retail-driven ................................................
3. o/w related party trades8 ......................................

1.
1.a.
1.b.
2.
2.a.
2.b.
2.c.
2.d.
2.e.
2.f.
2.g.
2.h.
3.
3.a.
3.b.
1.
2.
1.
1.a.
1.b.
2.
2.a.
2.b.
2.c.
2.d.
2.e.
2.f.
2.g.
2.h.
3.
3.a.
3.b.
1
2.
1.
1.
2.
2.
2.a.
2.b.
2.c.
2.d.
2.e.
2.f.
2.g.
2.h.
3.
3.a.
3.b.
1.
2.

1.
2.
3.

1. All transactions involving exposure to more than one currency, whether in interest rates or exchange rates. 2. "Other"covers currencies that are included in the Triennial but not explicitly listed in each column of this table. See also table A6 for a more detailed breakdown of total turnover in "other" currencies.
3. "Residual" covers all currency pairs except those involving the domestic currency, the USD, the EUR, and the JPY. 4. Covers the sum of the totals in tables A4, A5 and the column "Residual". 5 A swap is considered to be a single transaction in that the two legs are not counted separately. Includes "tomorrow/next day"
transactions. 6. Including currency warrants and multicurrency swaptions. 7. Any instrument where the transaction is highly leveraged and/or the notional amount is variable and where a decomposition into individual plain vanilla components is impractical or impossible. 8. Trades between desks and offices, and trades with
own branches and subsidiaries and between affiliated firms (regardless of whether the counterparty is resident in the same country as the reporting dealer or in another country). Back-to-back deals and trades to facilitate internal bookkeeping and internal risk management within a given institution are not to be reported in the
context of the triennial survey.
03/2016

FR 3036
Page 7 of 10

Central Bank Survey of Foreign Exchange and Derivatives Market Activity
Table A6—Foreign Exchange Contracts¹
Turnover in nominal or notional principal amounts in April 2016

Total turnover in listed currencies against all other currencies2
IDR ILS INR KRW LTL LVL MXN MYR NOK NZD PEN PHP PLN RON RUB SAR SEK SGD THB TRY TWD ZAR Other

U.S. Dollar Amounts in Millions ARS AUD BGN BHD BRL CAD CHF CLP CNY COP CZK DKK GBP HKD HUF
INSTRUMENTS
CURRENCY SWAPS3
1. With reporting dealers .........................................
a. Local ..........................................................
b. Cross-border.................................................
2. With other financial institutions ...............................
a. Local ..........................................................
b. Cross-border.................................................
c. Non-reporting banks ........................................
d. Institutional investors .......................................
e. Hedge funds and proprietary trading firms ...............
f. Official sector financial institutions ........................
g. Others ........................................................
h. Undistributed ................................................
3. With nonfinancial customers ..................................
a. Local ..........................................................
b. Cross-border.................................................
Total Currency Swaps...........................................
1. o/w prime brokered ............................................
2. o/w retail-driven ................................................
OTC OPTIONS4
Sold
1. With reporting dealers .........................................
a. Local ..........................................................
b. Cross-border.................................................
2. With other financial institutions ...............................
a. Local ..........................................................
b. Cross-border.................................................
c. Non-reporting banks ........................................
d. Institutional investors .......................................
e. Hedge funds and proprietary trading firms ...............
f. Official sector financial institutions ........................
g. Others ........................................................
h. Undistributed ................................................
3. With nonfinancial customers ..................................
a. Local ..........................................................
b. Cross-border.................................................
Total OTC Options Sold.........................................
1. o/w prime brokered ............................................
2. o/w retail-driven ................................................
Bought
1. With reporting dealers .........................................
a. Local ..........................................................
b. Cross-border.................................................
2. With other financial institutions ...............................
a. Local ..........................................................
b. Cross-border.................................................
c. Non-reporting banks ........................................
d. Institutional investors .......................................
e. Hedge funds and proprietary trading firms ...............
f. Official sector financial institutions ........................
g. Others ........................................................
h. Undistributed ................................................
3. With nonfinancial customers ..................................
a. Local ..........................................................
b. Cross-border.................................................
Total OTC Options Bought .....................................
1. o/w prime brokered ............................................
2. o/w retail-driven .................................................
TOTAL OTC OPTIONS...........................................
TOTAL FX CONTRACTS ........................................
1. o/w prime brokered ............................................
2. o/w retail-driven ................................................

1.
1.a.
1.b.
2.
2.a.
2.b.
2.c.
2.d.
2.e.
2.f.
2.g.
2.h.
3.
3.a.
3.b.
1.
2.
1.
1.a.
1.b.
2.
2.a.
2.b.
2.c.
2.d.
2.e.
2.f.
2.g.
2.h.
3.
3.a.
3.b.
1.
2.
1.
1.a.
1.b.
2.
2.a.
2.b.
2.c.
2.d.
2.e.
2.f.
2.g.
2.h.
3.
3.a.
3.b.
1.
2.
1.
2.

1. All transactions involving exposure to more than one currency, whether in interest rates or exchange rates. 2. Only transactions which are included in the columns "other" in tables A4, A5, and "residual" in table A5 . Trades involving the domestic currency, the USD, the EUR or the JPY in one leg, and any of the currencies
listed in this table in the other leg, should be allocated to the relevant currency column in this table once; these deals should correspond to the ones reported in columns "other" of tables A4 and A5. Trades between any two currencies listed in this table should be reported in both relevant currency columns, thus summing to
200% of the deal; these trades should correspond to the ones reported in column "residual" in table A5. Currencies subject to compulsory reporting have been marked in blue. 3. A swap is considered to be a single transaction in that the two legs are not counted separately.
4. Including currency warrants and multicurrency swaptions.
03/2016

FR 3036
Page 8 of 10

Central Bank Survey of Foreign Exchange and Derivatives Market Activity
Table B1—Single-Currency Interest Rate Derivatives¹
Turnover in nominal or notional principal amounts in April 2016

U.S. Dollar Amounts in Millions ARS AUD BGN BHD BRL CAD CHF CLP CNY COP CZK DKK EUR GBP HKD HUF IDR

ILS

INR

JPY KRW

LTL

LVL

MXN MYR NOK NZD PEN PHP PLN RON RUB SAR SEK SGD THB

TRY TWD USD ZAR Other Total

INSTRUMENTS
FORWARD RATE AGREEMENTS
1. With reporting dealers .............
a. Local ..............................
b. Cross-border.....................
2. With other financial institutions....
a. Local ..............................
b. Cross-border.....................
3. With nonfinancial customers ......
a. Local ..............................
b. Cross-border.....................
TOTAL FORWARD RATE AGREEMENTS ...
SWAPS2
1. With reporting dealers .............
a. Local ..............................
b. Cross-border.....................
2. With other financial institutions....
a. Local ..............................
b. Cross-border.....................
3. With nonfinancial customers ......
a. Local ..............................
b. Cross-border.....................
TOTAL SWAPS........................

1.
1.a.
1.b.
2.
2.a.
2.b.
3.
3.a.
3.b.
1.
1.a.
1.b.
2.
2.a.
2.b.
3.
3.a.
3.b.

1. All transactions where all the legs are exposed to one and only one currency's interest rate, including all fixed/floating and floating/floating single-currency interest rate contracts.
2. A swap is considered to be a single transaction in that the two legs are not counted separately.

Table B2—Single-Currency Interest Rate Derivatives¹
Turnover in nominal or notional principal amounts in April 2016

U.S. Dollar Amounts in Millions ARS AUD BGN BHD BRL CAD CHF CLP CNY COP CZK DKK EUR GBP HKD HUF IDR

ILS

INR

JPY KRW

LTL

LVL

MXN MYR NOK NZD PEN PHP PLN RON RUB SAR SEK SGD THB

INSTRUMENTS
OTC OPTIONS
Sold
1. With reporting dealers .............
a. Local ..............................
b. Cross-border.....................
2. With other financial institutions....
a. Local ..............................
b. Cross-border.....................
3. With nonfinancial customers ......
a. Local ..............................
b. Cross-border.....................
Total OTC Options Sold.............
Bought
1. With reporting dealers .............
a. Local ..............................
b. Cross-border.....................
2. With other financial institutions....
a. Local ..............................
b. Cross-border.....................
3. With nonfinancial customers ......
a. Local ..............................
b. Cross-border.....................
Total OTC Options Bought .........
TOTAL OTC OPTIONS ...............
OTHER PRODUCTS2.................
TOTAL INTEREST RATE CONTRACTS3
1. o/w related party trades4 ..........

TRY TWD USD ZAR Other Total

1.
1.a.
1.b.
2.
2.a.
2.b.
3.
3.a.
3.b.
1.
1.a.
1.b.
2.
2.a.
2.b.
3.
3.a.
3.b.

1.

1. All transactions where all the legs are exposed to one and only one currency's interest rate, including all fixed/floating and floating/floating single-currency interest rate contracts.
2. Any instrument where the transaction is highly leveraged and/or the notional amount is variable and where a decomposition into individual plain vanilla components is impractical or impossible.
3. It includes forward rate agreement, interest rate swaps, options and other products.
4. Trades between desks and offices, and trades with own branches and subsidiaries and between affiliated firms (regardless of whether the counterparty is resident in the same country as the reporting dealer or in another country).
Back-to-back deals and trades to facilitate internal bookkeeping and internal risk management within a given institution are not to be reported in the context of the triennial survey.
03/2016

FR 3036
Page 9 of 10

Central Bank Survey of Foreign Exchange and Derivatives Market Activity
Table C1—Complementary Information for Foreign Exchange Contracts
Turnover in nominal or notional principal amounts in April 2016

1. Data on forward contracts for differences (including non-deliverable forwards)
Turnover of forward contracts where only the difference between the contracted forward outright rate and the
prevailing spot rate is settled at maturity.
G10 Currencies
Only1

U.S. Dollar Amounts in Millions

Non-G10 Currencies Only2
In Africa &
Middle East

In Asia & Pacific

In Europe

In Latin America
& Caribbean

Turnover of forward contracts for differences ........

1.

1. Contracts that only involve G10 currencies on both sides of the transaction (G10 currencies = CAD, CHF, EUR, GBP, JPY, SEK, USD)
2. Contracts that involve G10 currencies only on one side of the transaction or non-G10 currencies on both sides of the transaction.
In case of transactions involving non-G10 currencies from different regional areas, please split the notional amount evenly between the
two relevant columns in the form.

03/2016

FR 3036
Page 10 of 10

Central Bank Survey of Foreign Exchange and Derivatives Market Activity
Table C2—Execution Method for Foreign Exchange Contracts
Turnover in nominal or notional principal amounts in April 2016
Voice

Electronic
Direct

U.S. Dollar Amounts in Millions
INSTRUMENTS
SPOT
1. With reporting dealers ..............................
a. Local ...............................................
b. Cross-border......................................
2. With other financial institutions ....................
3. With nonfinancial customers .......................
TOTAL SPOT ...........................................
OUTRIGHT FORWARDS
1. With reporting dealers ..............................
a. Local ...............................................
b. Cross-border......................................
2. With other financial institutions ....................
3. With nonfinancial customers .......................
TOTAL OUTRIGHT FORWARDS ....................
FOREIGN EXCHANGE SWAPS
1. With reporting dealers ..............................
a. Local ...............................................
b. Cross-border......................................
2. With other financial institutions ....................
3. With nonfinancial customers .......................
TOTAL FOREIGN EXCHANGE SWAPS............
CURRENCY SWAPS
1. With reporting dealers ..............................
a. Local ...............................................
b. Cross-border......................................
2. With other financial institutions.....................
3. With nonfinancial customers .......................
TOTAL CURRENCY SWAPS.........................
OTC OPTIONS
1. With reporting dealers ..............................
a. Local ...............................................
b. Cross-border......................................
2. With other financial institutions ....................
3. With nonfinancial customers .......................
TOTAL OTC OPTIONS................................
TOTAL FX CONTRACTS .............................

Direct

Singlebank proprietary
trading
Indirect system

Other

Indirect

Reuters
Matching/
EBS

Dark
Pools

Other
electronic
communiUnalcation
networks located

Total1

1.
1.a.
1.b.
2.
3.
1.
1.a.
1.b.
2.
3.
1.
1.a.
1.b.
2.
3.
1.
1.a.
1.b.
2.
3.
1.
1.a.
1.b.
2.
3.

1. Total Spot, Outright forwards, and FX swaps should be consistent with amounts reported in A2; currency swaps and OTC options should be consistent
with the amounts reported in table A5.

03/2016