Notional amounts outstanding | Gross market value | |||||||
---|---|---|---|---|---|---|---|---|
H2 2016 | H1 2017 | H2 2017 | H1 2018 | H2 2016 | H1 2017 | H2 2017 | H1 2018 | |
Commodity contracts | 1,671 | 1,762 | 1,862 | 2,133 | 204 | 171 | 189 | 207 |
By commodity | ||||||||
Gold | 495 | 535 | 520 | 568 | 34 | 23 | 21 | 23 |
Other precious metal | 59 | 75 | 53 | 70 | 5 | 4 | 3 | 4 |
Other commodities | 1,117 | 1,152 | 1,288 | 1,495 | 166 | 144 | 164 | 180 |
By instrument & commodity | ||||||||
Forwards and swaps | 1,249 | 1,352 | 1,414 | 1,627 | ||||
Gold | 351 | 395 | 381 | 419 | ||||
Other precious metal | 40 | 58 | 40 | 54 | ||||
Other commodities | 859 | 900 | 993 | 1,153 | ||||
Total options | 422 | 410 | 447 | 506 | ||||
Gold | 145 | 141 | 139 | 149 | ||||
Other precious metal | 19 | 17 | 14 | 15 | ||||
Other commodities | 259 | 253 | 294 | 342 | ||||
Options sold (gross basis) | 257 | 254 | 275 | 313 | ||||
Gold | 88 | 83 | 85 | 87 | ||||
Other precious metal | 12 | 11 | 8 | 9 | ||||
Other commodities | 157 | 160 | 182 | 218 | ||||
Options bought (gross basis) | 259 | 248 | 272 | 305 | ||||
Gold | 89 | 89 | 85 | 95 | ||||
Other precious metal | 11 | 10 | 9 | 10 | ||||
Other commodities | 159 | 149 | 178 | 200 | ||||
Credit derivatives | 10,103 | 9,967 | 9,578 | 8,581 | 301 | 307 | 313 | 238 |
Credit default swaps | 9,931 | 9,727 | 9,354 | 8,345 | 295 | 300 | 304 | 232 |
By instrument | ||||||||
Single-name instruments | 5,635 | 5,101 | 4,570 | 4,145 | 168 | 152 | 130 | 118 |
Multi-name instruments | 4,295 | 4,626 | 4,784 | 4,200 | 127 | 148 | 174 | 115 |
Index products | 3,840 | 4,229 | 4,442 | 4,007 | ||||
By counterparty | ||||||||
Reporting dealers | 3,760 | 2,971 | 2,321 | 1,999 | 114 | 89 | 68 | 57 |
Other financial institutions | 6,018 | 6,597 | 6,817 | 6,110 | 175 | 206 | 227 | 171 |
Central counterparties | 4,339 | 4,912 | 5,136 | 4,519 | 110 | 142 | 164 | 118 |
Banks and security firms | 452 | 426 | 487 | 406 | 13 | 12 | 14 | 11 |
Insurance firms | 165 | 143 | 124 | 125 | 7 | 6 | 6 | 5 |
SPVs, SPCs and SPEs | 96 | 90 | 76 | 56 | 5 | 4 | 4 | 3 |
Hedge funds | 440 | 435 | 375 | 381 | 23 | 21 | 19 | 17 |
Other financial customers | 525 | 590 | 618 | 624 | 18 | 20 | 21 | 18 |
Non-financial customers | 153 | 159 | 216 | 236 | 5 | 6 | 9 | 5 |
By rating category | ||||||||
Investment grade | 6,467 | 6,260 | 6,008 | 5,321 | ||||
Non-investment grade | 2,026 | 2,156 | 2,049 | 1,857 | ||||
Non-rated | 1,364 | 1,229 | 1,216 | 1,077 | ||||
By maturity | ||||||||
Up to 1 year | 2,672 | 2,513 | 1,882 | 1,404 | ||||
Between 1 and 5 years | 6,455 | 6,404 | 6,629 | 6,076 | ||||
Over 5 years | 731 | 727 | 763 | 775 | ||||
By sector | ||||||||
Sovereigns | 1,746 | 1,673 | 1,530 | 1,458 | ||||
Financial firms | 1,804 | 1,674 | 1,544 | 1,433 | ||||
Non-financial firms | 3,181 | 2,660 | 2,406 | 2,104 | ||||
Securitised products | 305 | 293 | 371 | 382 | ||||
Multiple sectors | 2,852 | 3,380 | 3,456 | 2,916 | ||||
By location of counterparty | ||||||||
Home country | 2,517 | 2,380 | 2,222 | 2,063 | ||||
Abroad | 7,340 | 7,265 | 7,051 | 6,192 | ||||
United States | 2,166 | 2,205 | 2,187 | 1,737 | ||||
European developed countries | 4,372 | 4,278 | 4,131 | 3,701 | ||||
Japan | 100 | 95 | 79 | 75 | ||||
Other Asian countries | 83 | 81 | 75 | 78 | ||||
Latin America | 344 | 323 | 313 | 327 | ||||
All other countries | 276 | 282 | 267 | 273 | ||||
Other derivatives | 100 | 112 | 137 | 164 | 6 | 9 | 8 | 9 |
Gross credit exposure | 3,296 | 2,770 | 2,683 | 2,570 |