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pdfFR 3036
OMB Number 7100-0285
Approval expires May 31, 2022
Page 1 of 13
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 2019
This report is authorized by law (12 U.S.C. §§ 225a and 263).
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)).
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.
04/2019
FR 3036
Page 2 of 13
Central Bank Survey of Foreign Exchange and Derivatives Market Activity
Table A1—Foreign Exchange Contracts¹
Turnover in nominal or notional principal amounts in April 2019
USD against
U.S. Dollar Amounts in Millions AUD BRL CAD CHF CNY EUR GBP HKD INR
JPY KRW MXN NOK NZD
PLN RUB SEK SGD TRY TWD ZAR Other ² Total
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 month . . . . . . . . . . . . . . . . . . . . . . . . .
3. Over one month and up to three months ....................
4. Over three months and up to six months . . . . . . . . . . . . . . . . . . . . . . .
5. Over six months ................................................
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.
4.
5.
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.
04/2019
FR 3036
Page 3 of 13
Central Bank Survey of Foreign Exchange and Derivatives Market Activity
Table A1—Foreign Exchange Contracts¹
Turnover in nominal or notional principal amounts in April 2019
USD against
U.S. Dollar Amounts in Millions AUD BRL CAD CHF CNY EUR GBP HKD INR
JPY KRW MXN NOK NZD
PLN RUB SEK SGD TRY TWD ZAR Other ² Total
INSTRUMENTS
FOREIGN EXCHANGE 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 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 month . . . . . . . . . . . . . . . . . . . . . . . . .
3. Over one month and up to three months ....................
4. Over three months and up to six months . . . . . . . . . . . . . . . . . . . . . . .
5. Over six months ................................................
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.
4.
5.
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. Currency pairs as well as for the "other" and "total" column.
04/2019
FR 3036
Page 4 of 13
Central Bank Survey of Foreign Exchange and Derivatives Market Activity
Table A2—Foreign Exchange Contracts¹
Turnover in nominal or notional principal amounts in April 2019
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 month . . . . . . . . . . . . . . . . . . . . . . . . .
3. Over one month and up to three months ....................
4. Over three months and up to six months . . . . . . . . . . . . . . . . . . . . . . .
5. Over six months ................................................
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.
4.
5.
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.
04/2019
FR 3036
Page 5 of 13
Central Bank Survey of Foreign Exchange and Derivatives Market Activity
Table A2—Foreign Exchange Contracts¹
Turnover in nominal or notional principal amounts in April 2019
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
FOREIGN EXCHANGE 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 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 month . . . . . . . . . . . . . . . . . . . . . . . . .
3. Over one month and up to three months ....................
4. Over three months and up to six months . . . . . . . . . . . . . . . . . . . . . . .
5. Over six months ................................................
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.
4.
5.
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. A swap is considered to be a single transaction in that the two legs are not counted separately.
04/2019
FR 3036
Page 6 of 13
Central Bank Survey of Foreign Exchange and Derivatives Market Activity
Table A3—Foreign Exchange Contracts¹
Turnover in nominal or notional principal amounts in April 2019
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 month . . . . . . . . . . . . . . . . . . . . . . . . .
3. Over one month and up to three months ....................
4. Over three months and up to six months . . . . . . . . . . . . . . . . . . . . . . .
5. Over six months ................................................
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.
4.
5..
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.
5. Data should only be provided for the "total" column.
04/2019
FR 3036
Page 7 of 13
Central Bank Survey of Foreign Exchange and Derivatives Market Activity
Table A3—Foreign Exchange Contracts¹
Turnover in nominal or notional principal amounts in April 2019
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
FOREIGN EXCHANGE 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 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.
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. A swap is considered to be a single transaction in that the two legs are not counted separately. Includes "tomorrow/next day" transactions.
04/2019
FR 3036
Page 8 of 13
Central Bank Survey of Foreign Exchange and Derivatives Market Activity
Table A4—Foreign Exchange Contracts¹
Turnover in nominal or notional principal amounts in April 2019
USD against
U.S. Dollar Amounts in Millions AUD BRL CAD CHF CNY EUR GBP HKD INR
JPY KRW MXN NOK NZD
PLN RUB SEK SGD TRY TWD ZAR Other2 Total
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 OPTIONS (sum of bought and sold)4
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
1. o/w prime brokered ............................................
2. o/w retail-driven ................................................
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.
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.
04/2019
FR 3036
Page 9 of 13
Central Bank Survey of Foreign Exchange and Derivatives Market Activity
Table A5—Foreign Exchange Contracts¹
Turnover in nominal or notional principal amounts in April 2019
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 OPTIONS (sum of bought and sold)6
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 ...........................................
1. o/w prime brokered ............................................
2. o/w retail-driven ................................................
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.
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.
04/2019
FR 3036
Page 10 of 13
Central Bank Survey of Foreign Exchange and Derivatives Market Activity
Table A6—Foreign Exchange Contracts¹
Turnover in nominal or notional principal amounts in April 2019
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 OPTIONS (sum of bought and sold)4
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
1. o/w prime brokered ............................................
2. o/w retail-driven ................................................
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.
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.
04/2019
FR 3036
Page 11 of 13
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 2019
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
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 . . . .
OVERNIGHT INDEXED 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 OVERNIGHT INDEXED SWAPS. . . . . .
OTHER 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 OTHER SWAPS ..............
LTL
LVL
MXN MYR NOK NZD PEN PHP PLN RON RUB SAR SEK SGD THB
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.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.
04/2019
FR 3036
Page 12 of 13
Central Bank Survey of Foreign Exchange and Derivatives Market Activity
Table B2—Single-Currency Interest Rate Derivatives¹
Turnover in nominal or notional principal amounts in April 2019
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 (sum of bought and sold)
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 ...............
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. 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.
04/2019
FR 3036
Page 13 of 13
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 2019
Voice
Electronic
Direct
U.S. Dollar Amounts in Millions
Direct
Singlebank proprietary
trading
Indirect system
Other
Indirect
Anonymous
Venues
Disclosed
Venues
Unallocated
Total1
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 .............................
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.
04/2019
| File Type | application/pdf |
| Subject | Report Forms for the Central Bank Survey of Foreign Exchange and Derivatives Market Activity (FR 3036) |
| Author | Federal Reserve Board |
| File Modified | 2022-04-19 |
| File Created | 2019-05-20 |