Notional amounts outstanding | Gross market value | |||||||
---|---|---|---|---|---|---|---|---|
H1 2015 | H2 2015 | H1 2016 | H2 2016 | H1 2015 | H2 2015 | H1 2016 | H2 2016 | |
Commodity contracts | 1,877 | 1,504 | 1,770 | 1,671 | 243 | 302 | 246 | 204 |
By commodity | ||||||||
Gold | 365 | 391 | 509 | 495 | 28 | 77 | 34 | 34 |
Other precious metal | 67 | 57 | 70 | 59 | 7 | 7 | 7 | 5 |
Other commodities | 1,444 | 1,055 | 1,191 | 1,117 | 207 | 218 | 206 | 166 |
By instrument & commodity | ||||||||
Forwards and swaps | 1,235 | 1,007 | 1,297 | 1,249 | ||||
Gold | 236 | 250 | 361 | 351 | ||||
Other precious metal | 42 | 36 | 49 | 40 | ||||
Other commodities | 956 | 722 | 887 | 859 | ||||
Total options | 642 | 496 | 474 | 422 | ||||
Gold | 129 | 142 | 149 | 145 | ||||
Other precious metal | 25 | 21 | 22 | 19 | ||||
Other commodities | 488 | 333 | 303 | 259 | ||||
Options sold (gross basis) | 395 | 293 | 293 | 257 | ||||
Gold | 80 | 76 | 90 | 88 | ||||
Other precious metal | 16 | 13 | 13 | 12 | ||||
Other commodities | 299 | 203 | 190 | 157 | ||||
Options bought (gross basis) | 391 | 314 | 286 | 259 | ||||
Gold | 77 | 97 | 92 | 89 | ||||
Other precious metal | 15 | 13 | 13 | 11 | ||||
Other commodities | 298 | 204 | 181 | 159 | ||||
Credit derivatives | 14,987 | 12,644 | 11,994 | 10,103 | 459 | 427 | 350 | 301 |
Credit default swaps | 14,689 | 12,379 | 11,847 | 9,931 | 455 | 423 | 346 | 295 |
By instrument | ||||||||
Single-name instruments | 8,265 | 7,237 | 6,639 | 5,635 | 279 | 286 | 218 | 168 |
Multi-name instruments | 6,424 | 5,142 | 5,208 | 4,295 | 176 | 138 | 128 | 127 |
Index products | 5,909 | 4,737 | 4,836 | 3,840 | ||||
By counterparty | ||||||||
Reporting dealers | 6,554 | 5,497 | 5,117 | 3,760 | 212 | 196 | 155 | 114 |
Other financial institutions | 7,924 | 6,688 | 6,573 | 6,018 | 235 | 220 | 185 | 175 |
Central counterparties | 4,505 | 4,185 | 4,392 | 4,339 | 117 | 117 | 102 | 110 |
Banks and security firms | 1,262 | 883 | 669 | 452 | 37 | 27 | 18 | 13 |
Insurance firms | 182 | 166 | 173 | 165 | 6 | 6 | 8 | 7 |
SPVs, SPCs and SPEs | 186 | 170 | 153 | 96 | 10 | 8 | 6 | 5 |
Hedge funds | 788 | 616 | 548 | 440 | 31 | 35 | 28 | 23 |
Other financial customers | 1,002 | 667 | 637 | 525 | 35 | 28 | 22 | 18 |
Non-financial customers | 211 | 194 | 158 | 153 | 8 | 8 | 6 | 5 |
By rating category | ||||||||
Investment grade | 9,319 | 7,975 | 8,087 | 6,467 | ||||
Non-investment grade | 3,252 | 2,228 | 2,090 | 2,026 | ||||
Non-rated | 2,024 | 2,091 | 1,586 | 1,364 | ||||
By maturity | ||||||||
Up to 1 year | 2,426 | 2,689 | 2,800 | 2,672 | ||||
Between 1 and 5 years | 10,944 | 8,778 | 8,195 | 6,455 | ||||
Over 5 years | 1,224 | 827 | 768 | 731 | ||||
By sector | ||||||||
Sovereigns | 2,298 | 2,014 | 1,902 | 1,746 | ||||
Financial firms | 3,259 | 2,625 | 2,171 | 1,804 | ||||
Non-financial firms | 5,275 | 4,290 | 4,035 | 3,181 | ||||
Securitised products | 213 | 225 | 220 | 305 | ||||
Multiple sectors | 3,564 | 3,152 | 3,471 | 2,852 | ||||
By location of counterparty | ||||||||
Home country | 3,509 | 2,894 | 2,891 | 2,517 | ||||
Abroad | 11,085 | 9,400 | 8,872 | 7,340 | ||||
United States | 3,159 | 2,575 | 2,449 | 2,166 | ||||
European developed countries | 6,782 | 5,718 | 5,470 | 4,372 | ||||
Japan | 116 | 137 | 134 | 100 | ||||
Other Asian countries | 100 | 102 | 107 | 83 | ||||
Latin America | 607 | 460 | 326 | 344 | ||||
All other countries | 320 | 407 | 386 | 276 | ||||
Other derivatives | 62 | 55 | 89 | 100 | 17 | 16 | 6 | 6 |
Gross credit exposure | 2,870 | 2,862 | 3,697 | 3,296 |