Notional amounts outstanding | Gross market value | |||||||
---|---|---|---|---|---|---|---|---|
H2 2015 | H1 2016 | H2 2016 | H1 2017 | H2 2015 | H1 2016 | H2 2016 | H1 2017 | |
Commodity contracts | 1,504 | 1,770 | 1,671 | 1,762 | 302 | 246 | 204 | 171 |
By commodity | ||||||||
Gold | 391 | 509 | 495 | 535 | 77 | 34 | 34 | 23 |
Other precious metal | 57 | 70 | 59 | 75 | 7 | 7 | 5 | 4 |
Other commodities | 1,055 | 1,191 | 1,117 | 1,152 | 218 | 206 | 166 | 144 |
By instrument & commodity | ||||||||
Forwards and swaps | 1,007 | 1,297 | 1,249 | 1,352 | ||||
Gold | 250 | 361 | 351 | 395 | ||||
Other precious metal | 36 | 49 | 40 | 58 | ||||
Other commodities | 722 | 887 | 859 | 900 | ||||
Total options | 496 | 474 | 422 | 410 | ||||
Gold | 142 | 149 | 145 | 141 | ||||
Other precious metal | 21 | 22 | 19 | 17 | ||||
Other commodities | 333 | 303 | 259 | 253 | ||||
Options sold (gross basis) | 293 | 293 | 257 | 254 | ||||
Gold | 76 | 90 | 88 | 83 | ||||
Other precious metal | 13 | 13 | 12 | 11 | ||||
Other commodities | 203 | 190 | 157 | 160 | ||||
Options bought (gross basis) | 314 | 286 | 259 | 248 | ||||
Gold | 97 | 92 | 89 | 89 | ||||
Other precious metal | 13 | 13 | 11 | 10 | ||||
Other commodities | 204 | 181 | 159 | 149 | ||||
Credit derivatives | 12,644 | 11,994 | 10,103 | 9,967 | 427 | 350 | 301 | 307 |
Credit default swaps | 12,379 | 11,847 | 9,931 | 9,727 | 423 | 346 | 295 | 300 |
By instrument | ||||||||
Single-name instruments | 7,237 | 6,639 | 5,635 | 5,101 | 286 | 218 | 168 | 152 |
Multi-name instruments | 5,142 | 5,208 | 4,295 | 4,626 | 138 | 128 | 127 | 148 |
Index products | 4,737 | 4,836 | 3,840 | 4,229 | ||||
By counterparty | ||||||||
Reporting dealers | 5,497 | 5,117 | 3,760 | 2,971 | 196 | 155 | 114 | 89 |
Other financial institutions | 6,688 | 6,573 | 6,018 | 6,597 | 220 | 185 | 175 | 206 |
Central counterparties | 4,185 | 4,392 | 4,339 | 4,912 | 117 | 102 | 110 | 142 |
Banks and security firms | 883 | 669 | 452 | 426 | 27 | 18 | 13 | 12 |
Insurance firms | 166 | 173 | 165 | 143 | 6 | 8 | 7 | 6 |
SPVs, SPCs and SPEs | 170 | 153 | 96 | 90 | 8 | 6 | 5 | 4 |
Hedge funds | 616 | 548 | 440 | 435 | 35 | 28 | 23 | 21 |
Other financial customers | 667 | 637 | 525 | 590 | 28 | 22 | 18 | 20 |
Non-financial customers | 194 | 158 | 153 | 159 | 8 | 6 | 5 | 6 |
By rating category | ||||||||
Investment grade | 7,975 | 8,087 | 6,467 | 6,260 | ||||
Non-investment grade | 2,228 | 2,090 | 2,026 | 2,156 | ||||
Non-rated | 2,091 | 1,586 | 1,364 | 1,229 | ||||
By maturity | ||||||||
Up to 1 year | 2,689 | 2,800 | 2,672 | 2,513 | ||||
Between 1 and 5 years | 8,778 | 8,195 | 6,455 | 6,404 | ||||
Over 5 years | 827 | 768 | 731 | 727 | ||||
By sector | ||||||||
Sovereigns | 2,014 | 1,902 | 1,746 | 1,673 | ||||
Financial firms | 2,625 | 2,171 | 1,804 | 1,674 | ||||
Non-financial firms | 4,290 | 4,035 | 3,181 | 2,660 | ||||
Securitised products | 225 | 220 | 305 | 293 | ||||
Multiple sectors | 3,152 | 3,471 | 2,852 | 3,380 | ||||
By location of counterparty | ||||||||
Home country | 2,894 | 2,891 | 2,517 | 2,380 | ||||
Abroad | 9,400 | 8,872 | 7,340 | 7,265 | ||||
United States | 2,575 | 2,449 | 2,166 | 2,205 | ||||
European developed countries | 5,718 | 5,470 | 4,372 | 4,278 | ||||
Japan | 137 | 134 | 100 | 95 | ||||
Other Asian countries | 102 | 107 | 83 | 81 | ||||
Latin America | 460 | 326 | 344 | 323 | ||||
All other countries | 407 | 386 | 276 | 282 | ||||
Other derivatives | 55 | 89 | 100 | 112 | 16 | 6 | 6 | 9 |
Gross credit exposure | 2,862 | 3,697 | 3,296 | 2,770 |