BIS Statistics Explorer: Table D5.1

Global OTC derivatives market

In billions of US dollars

« ‹ H2 2022 › »	Notional amounts outstanding				Gross market value
	H1 2021	H2 2021	H1 2022	H2 2022	H1 2021	H2 2021	H1 2022	H2 2022
All contracts	609,996	598,416	632,113	617,959	12,617	12,439	18,347	20,750
Foreign exchange contracts	102,471	104,249	109,585	107,576	2,412	2,548	4,727	4,846
By instrument
Outright forwards and forex swaps	61,569	63,723	66,327	62,846	1,213	1,343	2,620	2,560
Currency swaps	28,748	30,049	30,284	31,802	1,031	1,041	1,815	2,016
Options	12,113	10,436	12,951	12,906	167	164	292	270
Other products	41	41	22	22
By counterparty
Reporting dealers	36,841	38,165	41,388	39,055	843	960	1,598	1,565
Other financial institutions	52,605	53,261	54,767	54,571	1,133	1,150	2,283	2,417
Central Counterparties	4,168	4,138	4,713	4,714	56	64	104	107
Non-financial customers	12,983	12,782	13,408	13,928	436	438	846	864
By maturity
Up to 1 year	78,790	81,032	86,261	83,576
Between 1 and 5 years	16,345	16,079	16,384	16,950
Over 5 years	7,294	7,098	6,917	7,027
By currency
US dollar	87,282	89,582	96,451	93,710	1,968	2,112	4,040	4,017
Euro	33,729	34,326	34,474	35,117	854	888	1,716	1,911
Yen	15,389	15,532	15,486	16,274	361	417	849	813
Pound (sterling)	13,400	14,004	13,162	12,867	293	315	477	503
Swiss franc	4,549	4,778	5,194	5,235	95	96	147	155
Canadian dollar	5,971	5,951	6,162	6,220	126	103	116	135
Swedish krona	2,003	2,158	2,074	1,988	44	56	244	257
Other currencies	42,618	42,168	46,166	43,739	1,081	1,109	1,865	1,901
Interest rate contracts	488,099	475,271	502,462	490,626	8,940	8,612	11,805	14,635
By instrument
FRAs	73,626	39,438	49,270	44,977	210	195	403	465
Swaps	372,376	397,109	414,195	405,539	8,058	7,787	10,623	13,249
Options	41,810	38,562	38,789	39,887	671	630	779	920
Other products	288	161	209	223
By counterparty
Reporting dealers	30,106	29,944	31,020	28,894	1,508	1,337	1,103	1,051
Other financial institutions	444,979	432,420	458,528	448,458	6,817	6,744	10,111	12,823
Central Counterparties	378,888	370,157	393,934	373,389	4,807	5,112	8,200	10,399
Non-financial customers	12,726	12,745	12,705	13,052	615	531	591	761
By maturity
Up to 1 year	198,947	193,616	213,885	203,909
Between 1 and 5 years	173,558	169,311	176,022	172,053
Over 5 years	115,306	112,181	112,346	114,442
By currency
US dollar	173,780	167,283	203,877	179,216	2,115	2,054	2,866	3,732
Euro	140,112	128,405	149,635	152,002	4,204	4,027	5,508	6,814
Yen	32,261	35,681	22,499	26,918	361	297	280	471
Pound (sterling)	52,823	51,618	34,888	36,749	1,224	1,236	1,223	1,579
Swiss franc	3,310	5,072	3,209	3,577	55	56	87	95
Canadian dollar	15,466	15,302	17,240	17,007	158	131	355	377
Swedish krona	5,454	5,484	5,635	5,429	51	50	186	215
Other currencies	64,893	66,426	65,478	69,728	772	761	1,301	1,352
Equity-linked contracts	7,506	7,280	6,989	6,919	730	655	595	504
By instrument
Forwards and swaps	3,832	3,968	3,512	3,469	283	278	349	277
Options	3,673	3,312	3,477	3,449	447	377	245	227
By counterparty
Reporting dealers	1,455	1,291	1,277	1,167	116	97	74	62
Other financial institutions	4,921	4,844	4,656	4,679	411	351	365	310
Central Counterparties	33	20	30	23	1	1	1	2
Non-financial customers	1,130	1,145	1,056	1,072	204	206	155	132
By maturity
Up to 1 year	4,985	4,607	4,514	4,350
Between 1 and 5 years	2,127	2,293	2,118	2,222
Over 5 years	393	379	357	346
By market
US equities	3,567	3,501	3,449	3,492	415	362	301	259
European equities	2,206	2,021	1,955	1,854	181	178	162	135
Japanese equities	239	266	232	198	16	14	12	11
Other Asian equities	370	363	361	361	31	27	33	27
Latin American equities	420	403	345	356	28	29	32	26
Other equities	703	725	647	658	60	45	54	46