Notional amounts outstanding | Gross market value | |||||||
---|---|---|---|---|---|---|---|---|
H2 2019 | H1 2020 | H2 2020 | H1 2021 | H2 2019 | H1 2020 | H2 2020 | H1 2021 | |
Commodity contracts | 2,129 | 2,099 | 2,051 | 2,453 | 197 | 260 | 216 | 300 |
By commodity | ||||||||
Gold | 734 | 867 | 834 | 978 | 30 | 48 | 33 | 25 |
Other precious metal | 101 | 82 | 95 | 116 | 5 | 6 | 8 | 7 |
Other commodities | 1,294 | 1,150 | 1,122 | 1,359 | 162 | 206 | 174 | 268 |
By instrument & commodity | ||||||||
Forwards and swaps | 1,520 | 1,494 | 1,452 | 1,586 | ||||
Gold | 512 | 572 | 530 | 487 | ||||
Other precious metal | 81 | 59 | 64 | 84 | ||||
Other commodities | 927 | 863 | 858 | 1,015 | ||||
Total options | 610 | 605 | 598 | 867 | ||||
Gold | 222 | 295 | 303 | 491 | ||||
Other precious metal | 20 | 23 | 31 | 32 | ||||
Other commodities | 367 | 287 | 264 | 344 | ||||
Options sold (gross basis) | 366 | 365 | 404 | 554 | ||||
Gold | 136 | 177 | 220 | 317 | ||||
Other precious metal | 10 | 12 | 18 | 17 | ||||
Other commodities | 220 | 176 | 166 | 221 | ||||
Options bought (gross basis) | 379 | 376 | 328 | 506 | ||||
Gold | 136 | 184 | 151 | 284 | ||||
Other precious metal | 14 | 16 | 20 | 22 | ||||
Other commodities | 230 | 176 | 157 | 200 | ||||
Credit derivatives | 8,119 | 9,050 | 8,649 | 9,121 | 222 | 200 | 219 | 220 |
Credit default swaps | 7,578 | 8,809 | 8,359 | 8,813 | 199 | 185 | 202 | 205 |
By instrument | ||||||||
Single-name instruments | 3,480 | 3,617 | 3,484 | 3,445 | 99 | 92 | 77 | 71 |
Multi-name instruments | 4,098 | 5,192 | 4,876 | 5,368 | 101 | 93 | 125 | 134 |
Index products | 3,803 | 4,806 | 4,529 | 4,335 | ||||
By counterparty | ||||||||
Reporting dealers | 1,424 | 1,446 | 1,261 | 1,112 | 44 | 48 | 38 | 33 |
Other financial institutions | 5,873 | 7,052 | 6,798 | 7,458 | 148 | 129 | 156 | 166 |
Central counterparties | 4,239 | 5,295 | 5,222 | 5,615 | 93 | 67 | 95 | 101 |
Banks and security firms | 387 | 539 | 412 | 634 | 12 | 14 | 14 | 22 |
Insurance firms | 116 | 110 | 109 | 112 | 5 | 6 | 8 | 6 |
SPVs, SPCs and SPEs | 49 | 50 | 63 | 75 | 2 | 3 | 3 | 3 |
Hedge funds | 329 | 297 | 277 | 406 | 15 | 17 | 14 | 15 |
Other financial customers | 753 | 762 | 715 | 616 | 21 | 23 | 21 | 20 |
Non-financial customers | 281 | 311 | 301 | 243 | 7 | 7 | 8 | 6 |
By rating category | ||||||||
Investment grade | 4,436 | 4,784 | 4,718 | 4,769 | ||||
Non-investment grade | 1,631 | 1,895 | 1,741 | 1,879 | ||||
Non-rated | 1,293 | 1,893 | 1,673 | 1,927 | ||||
By maturity | ||||||||
Up to 1 year | 1,387 | 1,428 | 1,218 | 1,178 | ||||
Between 1 and 5 years | 5,286 | 6,396 | 6,205 | 6,673 | ||||
Over 5 years | 687 | 749 | 710 | 723 | ||||
By sector | ||||||||
Sovereigns | 1,228 | 1,250 | 1,140 | 1,109 | ||||
Financial firms | 1,638 | 1,661 | 1,627 | 1,822 | ||||
Non-financial firms | 2,156 | 2,387 | 2,304 | 2,325 | ||||
Securitised products | 208 | 307 | 292 | 953 | ||||
Multiple sectors | 2,164 | 3,005 | 2,804 | 2,402 | ||||
By location of counterparty | ||||||||
Home country | 1,843 | 2,110 | 1,978 | 2,136 | ||||
Abroad | 5,517 | 6,462 | 6,154 | 6,438 | ||||
United States | 1,612 | 1,854 | 1,816 | 1,981 | ||||
European developed countries | 3,187 | 3,843 | 3,668 | 3,848 | ||||
Japan | 66 | 76 | 75 | 84 | ||||
Other Asian countries | 69 | 84 | 76 | 72 | ||||
Latin America | 323 | 311 | 277 | 245 | ||||
All other countries | 260 | 295 | 242 | 209 | ||||
Other derivatives | 246 | 262 | 227 | 347 | 15 | 16 | 13 | 15 |
Gross credit exposure | 2,360 | 3,204 | 3,366 | 2,713 |