Year | |||||
---|---|---|---|---|---|
2016 | 2017 | 2018 | 2019 | 2020 | |
Payment systems and critical service providers | |||||
Cheque clearing: Federal Reserve | |||||
Number of transactions (millions) | 5,387 | 5,294 | 4,876 | 4,521 | 3,924 |
Increase in the number of transactions (% change on previous year) | -3.9 | -1.7 | -7.9 | -7.3 | -13.2 |
Value of transactions (USD billions) | 8,262 | 8,604 | 8,654 | 8,489 | 8,101 |
Average value per transaction (USD thousands) | 2 | 2 | 2 | 2 | 2 |
Increase in the real value of transactions (% change on previous year, adjusted by CPI inflation) | -1.4 | 2.0 | -1.8 | -3.7 | -5.7 |
Value of transactions as a percentage of GDP (%) | 44 | 43 | 42 | 39 | 37 |
Total number of participants (units; end of year) | nap | nap | nap | nap | nap |
Of which: directly connected participants (units; end of year) | nap | nap | nap | nap | nap |
Concentration ratio in terms of volume (%) | nap | nap | nap | nap | nap |
Concentration ratio in terms of value (%) | nap | nap | nap | nap | nap |
Cheque clearing: Private | |||||
Number of transactions (millions) | 7,325 | 6,487 | 5,924 | 5,279 | 4,949 |
Increase in the number of transactions (% change on previous year) | -8.6 | -11.4 | -8.7 | -10.9 | -6.2 |
Value of transactions (USD billions) | 12,669 | 11,968 | 11,561 | 11,369 | 11,399 |
Average value per transaction (USD thousands) | 2 | 2 | 2 | 2 | 2 |
Increase in the real value of transactions (% change on previous year, adjusted by CPI inflation) | -3.9 | -7.5 | -5.7 | -3.4 | -1.0 |
Value of transactions as a percentage of GDP (%) | 67 | 60 | 56 | 52 | 53 |
Total number of participants (units; end of year) | nap | nap | nap | nap | nap |
Of which: directly connected participants (units; end of year) | nap | nap | nap | nap | nap |
Concentration ratio in terms of volume (%) | nap | nap | nap | nap | nap |
Concentration ratio in terms of value (%) | nap | nap | nap | nap | nap |
CHIPS | |||||
Number of transactions (millions) | 111 | 113 | 115 | 118 | 106 |
Increase in the number of transactions (% change on previous year) | 0.4 | 1.6 | 2.0 | 3.0 | -10.2 |
Value of transactions (USD billions) | 364,331 | 393,239 | 417,944 | 417,475 | 381,869 |
Average value per transaction (USD thousands) | 3,288 | 3,492 | 3,641 | 3,532 | 3,599 |
Increase in the real value of transactions (% change on previous year, adjusted by CPI inflation) | -4.3 | 5.7 | 3.7 | -1.9 | -9.6 |
Value of transactions as a percentage of GDP (%) | 1,921 | 1,977 | 2,007 | 1,923 | 1,759 |
Total number of participants (units; end of year) | 48 | 47 | 45 | 44 | 43 |
Of which: directly connected participants (units; end of year) | 48 | 47 | 45 | 44 | 43 |
Concentration ratio in terms of volume (%) | nap | nap | nap | nap | nap |
Concentration ratio in terms of value (%) | nap | nap | nap | nap | nap |
EPN | |||||
Number of transactions (millions) | 9,149 | 9,710 | 9,744 | 11,300 | 12,567 |
Increase in the number of transactions (% change on previous year) | 5.2 | 6.1 | 0.4 | 16.0 | 11.2 |
Value of transactions (USD billions) | 21,719 | 23,391 | 24,565 | 27,941 | 30,180 |
Average value per transaction (USD thousands) | 2 | 2 | 3 | 2 | 2 |
Increase in the real value of transactions (% change on previous year, adjusted by CPI inflation) | 2.9 | 5.5 | 2.5 | 11.7 | 6.7 |
Value of transactions as a percentage of GDP (%) | 115 | 118 | 118 | 129 | 139 |
Total number of participants (units; end of year) | nap | nap | nap | nap | nap |
Of which: directly connected participants (units; end of year) | nap | nap | nap | nap | nap |
Concentration ratio in terms of volume (%) | nap | nap | nap | nap | nap |
Concentration ratio in terms of value (%) | nap | nap | nap | nap | nap |
FedACH | |||||
Number of transactions (millions) | 11,180 | 11,780 | 13,226 | 13,449 | 14,224 |
Increase in the number of transactions (% change on previous year) | 5.3 | 5.4 | 12.3 | 1.7 | 5.8 |
Value of transactions (USD billions) | 22,058 | 23,421 | 26,688 | 27,870 | 31,678 |
Average value per transaction (USD thousands) | 2 | 2 | 2 | 2 | 2 |
Increase in the real value of transactions (% change on previous year, adjusted by CPI inflation) | 4.8 | 4.0 | 11.2 | 2.6 | 12.3 |
Value of transactions as a percentage of GDP (%) | 116 | 118 | 128 | 128 | 146 |
Total number of participants (units; end of year) | nap | nap | nap | nap | nap |
Of which: directly connected participants (units; end of year) | nap | nap | nap | nap | nap |
Concentration ratio in terms of volume (%) | nap | nap | nap | nap | nap |
Concentration ratio in terms of value (%) | nap | nap | nap | nap | nap |
Fedwire Funds Service | |||||
Number of transactions (millions) | 148 | 153 | 158 | 168 | 184 |
Increase in the number of transactions (% change on previous year) | 3.7 | 3.0 | 3.8 | 5.9 | 9.7 |
Value of transactions (USD billions) | 766,962 | 740,097 | 716,212 | 695,835 | 840,483 |
Average value per transaction (USD thousands) | 5,179 | 4,850 | 4,522 | 4,149 | 4,568 |
Increase in the real value of transactions (% change on previous year, adjusted by CPI inflation) | -9.3 | -5.5 | -5.5 | -4.6 | 19.3 |
Value of transactions as a percentage of GDP (%) | 4,043 | 3,720 | 3,440 | 3,206 | 3,872 |
Total number of participants (units; end of year) | nap | nap | nap | nap | nap |
Of which: directly connected participants (units; end of year) | 6,328 | 6,130 | 5,999 | 5,825 | 5,706 |
Concentration ratio in terms of volume (%) | nap | nap | nap | nap | nap |
Concentration ratio in terms of value (%) | nap | nap | nap | nap | nap |
NSS | |||||
Number of transactions (millions) | 1 | 1 | 1 | 1 | 1 |
Increase in the number of transactions (% change on previous year) | -1.4 | 3.0 | 0.2 | -3.6 | -1.3 |
Value of transactions (USD billions) | 17,983 | 19,367 | 20,887 | 20,805 | 23,465 |
Average value per transaction (USD thousands) | 32,056 | 33,506 | 36,074 | 37,285 | 42,587 |
Increase in the real value of transactions (% change on previous year, adjusted by CPI inflation) | -1.8 | 5.4 | 5.3 | -2.2 | 11.4 |
Value of transactions as a percentage of GDP (%) | 95 | 97 | 100 | 96 | 108 |
Total number of participants (units; end of year) | 1,200 | 1,100 | 1,100 | 1,100 | 1,050 |
Of which: directly connected participants (units; end of year) | 1,200 | 1,100 | 1,100 | 1,100 | 1,050 |
Concentration ratio in terms of volume (%) | nap | nap | nap | nap | nap |
Concentration ratio in terms of value (%) | nav | 52.0 | 53.0 | 56.0 | 55.0 |
Central counterparties and clearing houses | |||||
FICC | |||||
Number of transactions (thousands) | 44,200 | 44,608 | 50,339 | 75,243 | 77,800 |
Increase in the number of transactions (% change on previous year) | 0.5 | 0.9 | 12.8 | 49.5 | 3.4 |
Value of transactions (USD billions) | 991,379 | 1,092,125 | 1,246,912 | 1,575,172 | 1,610,408 |
Average value per transaction (USD thousands) | 22,429 | 24,483 | 24,770 | 20,934 | 20,699 |
Increase in the real value of transactions (% change on previous year, adjusted by CPI inflation) | -0.6 | 7.9 | 11.5 | 24.1 | 1.0 |
Value of transactions as a percentage of GDP (%) | 5,226.6 | 5,489.5 | 5,989.2 | 7,256.7 | 7,419.6 |
Total number of clearing members (units; end of year) | 265 | 271 | 275 | 284 | 283 |
FICC:GSD | |||||
Number of transactions (thousands) | 40,400 | 40,900 | 46,800 | 70,943 | 73,900 |
Increase in the number of transactions (% change on previous year) | 0.7 | 1.2 | 14.4 | 51.6 | 4.2 |
Value of transactions (USD billions) | 916,977 | 1,020,051 | 1,165,345 | 1,477,666 | 1,507,227 |
Average value per transaction (USD thousands) | 22,697 | 24,940 | 24,901 | 20,829 | 20,395 |
Increase in the real value of transactions (% change on previous year, adjusted by CPI inflation) | -1.3 | 8.9 | 11.5 | 24.5 | 0.8 |
Value of transactions as a percentage of GDP (%) | 4,834.3 | 5,127.2 | 5,597.4 | 6,807.5 | 6,944.2 |
Total number of clearing members (units; end of year) | 114 | 124 | 129 | 139 | 141 |
FICC:MBSD | |||||
Number of transactions (thousands) | 3,800 | 3,708 | 3,539 | 4,300 | 3,900 |
Increase in the number of transactions (% change on previous year) | -2.6 | -2.4 | -4.6 | 21.5 | -9.3 |
Value of transactions (USD billions) | 74,402 | 72,074 | 81,567 | 97,506 | 103,181 |
Average value per transaction (USD thousands) | 19,579 | 19,437 | 23,048 | 22,676 | 26,457 |
Increase in the real value of transactions (% change on previous year, adjusted by CPI inflation) | 7.8 | -5.1 | 10.5 | 17.4 | 4.5 |
Value of transactions as a percentage of GDP (%) | 392.3 | 362.3 | 391.8 | 449.2 | 475.4 |
Total number of clearing members (units; end of year) | 151 | 147 | 146 | 145 | 142 |
NSCC | |||||
Number of transactions (thousands) | 25,680,000 | 22,675,000 | 26,741,000 | 26,752,000 | 43,875,000 |
Increase in the number of transactions (% change on previous year) | 14.7 | -11.7 | 17.9 | 0.0 | 64.0 |
Value of transactions (USD billions) | 243,304 | 242,739 | 319,674 | 297,705 | 429,499 |
Average value per transaction (USD thousands) | 9 | 11 | 12 | 11 | 10 |
Increase in the real value of transactions (% change on previous year, adjusted by CPI inflation) | -2.4 | -2.3 | 28.6 | -8.5 | 42.5 |
Value of transactions as a percentage of GDP (%) | 1,282.7 | 1,220.1 | 1,535.5 | 1,371.5 | 1,978.8 |
Total number of clearing members (units; end of year) | 156 | 150 | 150 | 149 | 147 |
Central securities depositories | |||||
DTC | |||||
Number of delivery instructions (thousands) | 356,000 | 369,000 | 389,000 | 653,639 | 560,889 |
Increase in the number of delivery instructions (% change on previous year) | 3.1 | 3.7 | 5.4 | 68.0 | -14.2 |
Value of delivery instructions (USD billions) | 111,100 | 114,300 | 122,600 | 119,694 | 129,959 |
Average value per delivery instruction (USD thousands) | 312 | 310 | 315 | 183 | 232 |
Increase in the real value of delivery instructions (% change on previous year, adjusted by CPI inflation) | -2.3 | 0.7 | 4.7 | -4.1 | 7.3 |
Value of delivery instructions as a percentage of GDP (%) | 585.7 | 574.5 | 588.9 | 551.4 | 598.8 |
Total number of participants (units; end of year) | 319 | 298 | 309 | 311 | 306 |
Number of securities held (thousands) | 1,348 | 1,351 | 1,343 | 1,356 | 1,367 |
Value of securities held (USD millions) | 48,225,190 | 57,404,887 | 52,247,072 | 62,952,168 | 73,453,135 |
Fedwire Securities Service | |||||
Number of delivery instructions (thousands) | 16,565 | 16,368 | 17,094 | 19,248 | 20,825 |
Increase in the number of delivery instructions (% change on previous year) | -5.1 | -1.2 | 4.4 | 12.6 | 8.2 |
Value of delivery instructions (USD billions) | 286,672 | 299,335 | 296,335 | 345,813 | 361,729 |
Average value per delivery instruction (USD thousands) | 17,306 | 18,288 | 17,336 | 17,966 | 17,370 |
Increase in the real value of delivery instructions (% change on previous year, adjusted by CPI inflation) | -4.3 | 2.2 | -3.4 | 14.6 | 3.3 |
Value of delivery instructions as a percentage of GDP (%) | 1,511.3 | 1,504.6 | 1,423.4 | 1,593.1 | 1,666.6 |
Total number of participants (units; end of year) | 1,918 | 1,813 | 1,759 | 1,689 | 1,656 |
Number of securities held (thousands) | 1,248 | 1,254 | 1,323 | 1,341 | 1,372 |
Value of securities held (USD millions) | 74,039,804 | 76,440,851 | 85,141,500 | 88,271,327 | 96,952,666 |