Notional amounts outstanding | Gross market value | |||||||
---|---|---|---|---|---|---|---|---|
H2 2014 | H1 2015 | H2 2015 | H1 2016 | H2 2014 | H1 2015 | H2 2015 | H1 2016 | |
Commodity contracts | 2,103 | 1,877 | 1,504 | 1,770 | 325 | 243 | 302 | 246 |
By commodity | ||||||||
Gold | 457 | 365 | 391 | 509 | 36 | 28 | 77 | 34 |
Other precious metal | 73 | 67 | 57 | 70 | 8 | 7 | 7 | 7 |
Other commodities | 1,574 | 1,444 | 1,055 | 1,191 | 280 | 207 | 218 | 206 |
By instrument & commodity | ||||||||
Forwards and swaps | 1,367 | 1,235 | 1,007 | 1,297 | ||||
Gold | 269 | 236 | 250 | 361 | ||||
Other precious metal | 41 | 42 | 36 | 49 | ||||
Other commodities | 1,058 | 956 | 722 | 887 | ||||
Total options | 736 | 642 | 496 | 474 | ||||
Gold | 188 | 129 | 142 | 149 | ||||
Other precious metal | 32 | 25 | 21 | 22 | ||||
Other commodities | 516 | 488 | 333 | 303 | ||||
Options sold (gross basis) | 448 | 395 | 293 | 293 | ||||
Gold | 115 | 80 | 76 | 90 | ||||
Other precious metal | 20 | 16 | 13 | 13 | ||||
Other commodities | 313 | 299 | 203 | 190 | ||||
Options bought (gross basis) | 453 | 391 | 314 | 286 | ||||
Gold | 114 | 77 | 97 | 92 | ||||
Other precious metal | 20 | 15 | 13 | 13 | ||||
Other commodities | 319 | 298 | 204 | 181 | ||||
Credit derivatives | 16,846 | 14,987 | 12,644 | 11,994 | 601 | 459 | 427 | 350 |
Credit default swaps | 16,507 | 14,689 | 12,379 | 11,847 | 596 | 455 | 423 | 346 |
By instrument | ||||||||
Single-name instruments | 9,109 | 8,265 | 7,237 | 6,639 | 368 | 279 | 286 | 218 |
Multi-name instruments | 7,398 | 6,424 | 5,142 | 5,208 | 228 | 176 | 138 | 128 |
Index products | 6,747 | 5,909 | 4,737 | 4,836 | ||||
By counterparty | ||||||||
Reporting dealers | 7,775 | 6,554 | 5,497 | 5,117 | 291 | 212 | 196 | 155 |
Other financial institutions | 8,530 | 7,924 | 6,688 | 6,573 | 297 | 235 | 220 | 185 |
Central counterparties | 4,790 | 4,505 | 4,185 | 4,392 | 144 | 117 | 117 | 102 |
Banks and security firms | 1,386 | 1,262 | 883 | 669 | 47 | 37 | 27 | 18 |
Insurance firms | 220 | 182 | 166 | 173 | 7 | 6 | 6 | 8 |
SPVs, SPCs and SPEs | 219 | 186 | 170 | 153 | 12 | 10 | 8 | 6 |
Hedge funds | 814 | 788 | 616 | 548 | 42 | 31 | 35 | 28 |
Other financial customers | 1,100 | 1,002 | 667 | 637 | 44 | 35 | 28 | 22 |
Non-financial customers | 202 | 211 | 194 | 158 | 8 | 8 | 8 | 6 |
By rating category | ||||||||
Investment grade | 9,741 | 9,319 | 7,975 | 8,087 | ||||
Non-investment grade | 3,599 | 3,252 | 2,228 | 2,090 | ||||
Non-rated | 3,059 | 2,024 | 2,091 | 1,586 | ||||
By maturity | ||||||||
Up to 1 year | 3,010 | 2,426 | 2,689 | 2,800 | ||||
Between 1 and 5 years | 12,367 | 10,944 | 8,778 | 8,195 | ||||
Over 5 years | 1,022 | 1,224 | 827 | 768 | ||||
By sector | ||||||||
Sovereigns | 2,484 | 2,298 | 2,014 | 1,902 | ||||
Financial firms | 3,962 | 3,259 | 2,625 | 2,171 | ||||
Non-financial firms | 5,624 | 5,275 | 4,290 | 4,035 | ||||
Securitised products | 227 | 213 | 225 | 220 | ||||
Multiple sectors | 4,117 | 3,564 | 3,152 | 3,471 | ||||
By location of counterparty | ||||||||
Home country | 3,422 | 3,509 | 2,894 | 2,891 | ||||
Abroad | 12,976 | 11,085 | 9,400 | 8,872 | ||||
United States | 3,412 | 3,159 | 2,575 | 2,449 | ||||
European developed countries | 8,205 | 6,782 | 5,718 | 5,470 | ||||
Japan | 117 | 116 | 137 | 134 | ||||
Other Asian countries | 127 | 100 | 102 | 107 | ||||
Latin America | 686 | 607 | 460 | 326 | ||||
All other countries | 430 | 320 | 407 | 386 | ||||
Other derivatives | 70 | 62 | 55 | 89 | 22 | 17 | 16 | 6 |
Gross credit exposure | 3,355 | 2,870 | 2,862 | 3,697 |