Weekly Swaps Report 01/30/2023

01/30/2023

Printable GNO

	December 16	December 23	December 30	January 06	January 13
Total Interest Rate*	272,465,047	262,604,788	258,612,601	263,503,511	275,186,523
Cleared**	237,720,618	228,303,018	224,243,804	228,873,267	239,538,733
Uncleared	34,744,429	34,301,770	34,368,797	34,630,245	35,647,790
Total Credit	6,102,627	5,385,830	5,425,692	5,200,851	5,375,009
Cleared	3,415,281	3,115,799	3,139,514	2,834,567	2,909,596
Uncleared	2,687,346	2,270,032	2,286,178	2,366,284	2,465,412
Total FX	58,608,342	50,613,391	50,615,340	50,693,609	52,165,259
Cleared	1,685,771	1,380,175	1,351,967	1,347,987	1,457,216
Uncleared	56,922,571	49,233,216	49,263,373	49,345,621	50,708,043
TOTAL	337,176,016	318,604,009	314,653,634	319,397,971	332,726,791

Weekly snapshot, gross notional amount outstanding by asset class and cleared status (millions of USD), all products, tenors, and participant types. For cleared swaps, this table reflects only one of the two swaps that results from the clearing process; therefore, the numbers on this table are analogous to the notional value of futures open interest.
* See Data Dictionary for asset class descriptions and Explanatory Notes for data sources.
** See Explanatory Notes for cleared and uncleared descriptions.
The Commission requests feedback on the format and content of this CFTC Swaps Report table. Submit comments to [emailprotected].

	December 16	December 23	December 30	January 06	January 13
Total Interest Rate*	544,930,094	525,209,576	517,225,203	527,007,023	550,373,046
SDs and MSPs**	406,984,919	392,772,996	385,236,741	392,797,771	409,783,726
Other	137,945,176	132,436,579	131,988,461	134,209,252	140,589,320
Total Credit	12,205,254	10,771,661	10,851,384	10,401,701	10,750,018
SDs and MSPs	8,755,999	7,748,116	7,824,778	7,319,432	7,535,901
Other	3,449,255	3,023,545	3,026,606	3,082,269	3,214,117
Total FX	117,216,684	101,226,782	101,230,681	101,387,218	104,330,519
SDs and MSPs	87,656,742	76,453,511	75,963,326	76,362,480	78,352,511
Other	29,559,942	24,773,271	25,267,355	25,024,738	25,978,007
TOTAL	674,352,032	637,208,019	629,307,267	638,795,941	665,453,582

Weekly snapshot, gross notional amount outstanding by asset class and participant type (millions of USD), all products, origins, currencies, tenors, and participant types, cleared and uncleared. For cleared swaps, the notional value for each of the two resulting swaps is attributed only to the counterparty facing the clearing organization (i.e., the clearing organization’s participation is not displayed). For uncleared swaps, the notional value of the swap is attributed to both swap counterparties. Because this table shows the aggregated notional values of swaps by participant, the totals on this table are twice those displayed on the "Gross Notional Outstanding by Cleared Status" table.
* See Data Dictionary for asset class descriptions and Explanatory Notes for data sources.
** See Explanatory Notes for participant type descriptions.
The Commission requests feedback on the format and content of this CFTC Swaps Report table. Submit comments to [emailprotected].

Product¹	Cleared²	Uncleared	Total
Basis	16,367,929	1,055,792	17,423,721
Fixed-Float	116,087,823	9,356,705	125,444,529
OIS	87,112,691	3,360,188	90,472,880
Swaption	764	17,799,838	17,800,601
OTHER*	19,969,526	4,075,267	24,044,793
TOTAL	239,538,733	35,647,790	275,186,523

* Includes the following products: Cap/Floor, Debt Option, Exotic, Fixed-Fixed, FRA, and Inflation.

Product¹	USD³	EUR	GBP	JPY	AUD	Other	Total
Basis	13,503,378	722,796	85,921	183,402	2,029,576	898,648	17,423,721
Fixed-Float	41,844,949	46,457,681	420,821	480,703	7,648,076	28,592,298	125,444,529
OIS	38,395,310	20,188,556	18,351,185	5,074,845	2,732,119	5,730,865	90,472,880
Swaption	10,209,449	5,709,535	954,186	683,588	127,625	116,220	17,800,601
OTHER*	3,844,637	14,946,778	2,338,009	44,852	22,328	2,848,189	24,044,793
TOTAL	107,797,723	88,025,345	22,150,122	6,467,389	12,559,724	38,186,220	275,186,523

* Includes the following products: Cap/Floor, Debt Option, Exotic, Fixed-Fixed, FRA, and Inflation.

Product¹	0-3⁴	3-6	6-12	12-24	24-60	60+	Total
Basis	3,348,386	527,869	2,320,878	1,977,276	4,189,682	5,059,630	17,423,721
Fixed-Float	19,194,465	3,235,356	11,490,904	13,197,308	31,656,903	46,669,592	125,444,529
OIS	32,212,194	2,938,855	10,667,200	10,015,239	15,978,370	18,661,022	90,472,880
Swaption	849,485	409,658	5,167,536	3,117,715	3,120,332	5,135,876	17,800,601
OTHER*	14,375,866	64,238	876,939	782,686	2,409,734	5,535,329	24,044,793
TOTAL	69,980,396	7,175,977	30,523,456	29,090,225	57,355,020	81,061,449	275,186,523

* Includes the following products: Cap/Floor, Debt Option, Exotic, Fixed-Fixed, FRA, and Inflation.

	Swap Dealers/MSPs⁵		Others
Product¹	Cleared²	Uncleared	Cleared	Uncleared
Basis	28,521,574	1,645,628	4,214,283	465,956
Fixed-Float	174,953,290	12,147,828	57,222,356	6,565,582
OIS	121,903,705	3,769,752	52,321,678	2,950,624
Swaption	1,522	29,170,895	5	6,428,781
OTHER*	32,211,312	5,458,219	7,727,740	2,692,314
TOTAL	357,591,403	52,192,323	121,486,063	19,103,257

* Includes the following products: Cap/Floor, Debt Option, Exotic, Fixed-Fixed, FRA, and Inflation.

Product	Cleared²	Uncleared	Total
Index Tranche / Index / Other*	2,909,596	2,465,412	5,375,009
Asia	67,400	69,456	136,857
Europe	1,605,258	809,764	2,415,022
North America	1,123,151	1,389,793	2,512,944
Other Regions	113,787	196,400	310,187
TOTAL	2,909,596	2,465,412	5,375,009

* Includes exotic credit products, swaptions, and total return swaps.

Product	HY⁶	IG	Other	Total
Index Tranche / Index / Other*	760,722	4,302,828	311,459	5,375,009
Asia	0	136,857	0	136,857
Europe	265,354	2,149,668	0	2,415,022
North America	495,368	2,016,192	1,384	2,512,944
Other Regions	0	111	310,075	310,187
TOTAL	760,722	4,302,828	311,459	5,375,009

* Includes exotic credit products, swaptions, and total return swaps.

	Swap Dealers/MSPs⁵		Others
Product	Cleared²	Uncleared	Cleared	Uncleared
Index Tranche / Index / Other*	4,261,584	3,274,317	1,557,609	1,656,508
Asia	114,413	107,457	20,388	31,456
Europe	2,621,002	1,045,117	589,515	574,411
North America	1,387,438	1,869,458	858,863	910,127
Other Regions	138,731	252,286	88,843	140,514
TOTAL	4,261,584	3,274,317	1,557,609	1,656,508

* Includes exotic credit products, swaptions, and total return swaps.

	Swap Dealers/MSPs⁵			Others
Product	HY⁶	IG	Other	HY	IG	Other
Index Tranche / Index / Other*	1,007,084	6,135,492	393,325	514,360	2,470,164	229,593
Asia	0	221,869	0	0	51,844	0
Europe	399,698	3,266,421	0	131,010	1,032,915	0
North America	607,386	2,647,091	2,419	383,350	1,385,293	348
Other Regions	0	111	390,906	0	111	229,245
TOTAL	1,007,084	6,135,492	393,325	514,360	2,470,164	229,593

* Includes exotic credit products, swaptions, and total return swaps.

Product	Cleared	Uncleared	Total
Swaps & Forwards	17,136	27,018,817	27,035,953
NDF	1,195,838	4,281,380	5,477,218
Options	132,801	6,538,964	6,671,765
OTHER*	111,442	12,868,882	12,980,324
TOTAL	1,457,216	50,708,043	52,165,259

* Includes cross-currency and exotics.

Currency Pair¹	Swaps & Forwards	NDF⁷	Options	Other⁸	Total
USD/	24,809,681	5,441,690	5,976,848	12,309,599	48,537,819
EUROPE	11,274,666	118,903	2,195,875	6,557,424	20,146,867
EUR	6,378,866	73,241	1,741,542	4,097,046	12,290,695
GBP	2,645,316	30,056	287,179	1,942,626	4,905,176
CHF	1,103,034	11,755	133,172	289,310	1,537,270
OTHER²	1,147,451	3,852	33,982	228,442	1,413,726
AMERICAS/CARIBBEAN	2,230,949	983,658	723,542	1,330,747	5,268,897
CAD	1,616,661	10,828	379,736	919,417	2,926,641
BRL	1,040	475,965	180,621	22,278	679,904
OTHER³	613,248	496,866	163,185	389,052	1,662,352
ASIA/PACIFIC	10,675,477	4,313,376	2,923,888	4,282,258	22,194,999
JPY	4,682,447	42,468	1,289,200	2,177,299	8,191,414
CNY	1,779,943	160,904	663,943	243,418	2,848,208
KRW	147,284	1,184,925	101,648	364,733	1,798,591
HKD	993,269	9,674	208,269	138,051	1,349,263
AUD	1,372,211	21,761	237,337	1,006,417	2,637,725
OTHER⁴	1,700,322	2,893,643	423,492	352,340	5,369,798
OTHER⁵	628,589	25,753	133,543	139,170	927,056
EUR/non-USD	1,771,457	19,057	528,823	385,629	2,704,966
OTHER⁶	454,815	16,471	166,093	285,096	922,475
TOTAL	27,035,953	5,477,218	6,671,765	12,980,324	52,165,259

¹Currency pairs having USD on one side are grouped into 4 geographic regions, namely Europe, Americas/Caribbean, Asia/Pacific, and Other.
²Other major currencies in EUROPE region include SEK, NOK, DKK, PLN, and CZK.
³Other major currencies in Americas/Caribbean region include MXN, CLP, COP, PEN, and ARS.
⁴Other major currencies in Asia/Pacific include INR, TWD, SGD, NZD, and RUB.
⁵Regions within the Other category include the Middle East and Africa.
⁶Category includes currency pairs without USD or EUR leg.
⁷Top currency pairs for NDF not included above are USD versus INR, TWD, and IDR.
⁸Includes cross-currency and exotics.

Product	0-30	31-90	91-180	181-360	360+	Total
Swaps & Forwards	5,459,921	7,790,692	6,624,245	3,474,202	3,686,892	27,035,953
NDF	843,985	2,368,491	765,567	698,166	801,009	5,477,218
Options	445,669	1,069,667	1,072,507	1,604,419	2,479,503	6,671,765
OTHER*	36,452	208,388	483,631	452,732	11,799,120	12,980,324
TOTAL	6,786,028	11,437,238	8,945,949	6,229,519	18,766,525	52,165,259

* Includes cross-currency and exotics.

Printable Dollar Volume

	December 16	December 23	December 30	January 06	January 13
Total Interest Rate*	6,567,239	4,480,810	2,107,518	6,190,155	6,867,791
Cleared**	5,629,462	3,920,459	1,751,362	5,090,176	5,259,182
Uncleared	937,777	560,351	356,156	1,099,979	1,608,608
Total Credit	466,241	325,500	100,431	356,685	431,855
Cleared	255,380	212,680	76,483	201,745	249,991
Uncleared	210,861	112,821	23,948	154,939	181,863
Total FX	11,577,751	9,646,582	6,459,704	9,309,007	11,534,402
Cleared	126,144	88,907	63,003	132,608	145,234
Uncleared	11,451,607	9,557,675	6,396,700	9,176,399	11,389,168
TOTAL	18,611,231	14,452,892	8,667,652	15,855,847	18,834,047

Weekly total, swap dollar volumes by asset class and cleared status (value of all trades in millions of USD), all products, tenors, and participant types. For cleared swaps, this table reflects the notional value of the creation of only one of the two swaps that results from the clearing process. Only the notional values of market-facing trades are included in dollar volumes and trade events including compressions, terminations, amendments, and novations, are excluded.
* See Data Dictionary for asset class descriptions and Explanatory Notes for data sources.
** See Explanatory Notes for cleared and uncleared descriptions.
The Commission requests feedback on the format and content of this CFTC Swaps Report table. Submit comments to [emailprotected].

	December 16	December 23	December 30	January 06	January 13
Total Interest Rate*	13,134,478	8,961,619	4,215,035	12,380,310	13,735,581
SDs and MSPs**	8,700,133	6,075,807	2,852,285	8,405,679	8,843,416
Other	4,434,345	2,885,812	1,362,750	3,974,631	4,892,166
Total Credit	932,482	651,001	200,862	713,369	863,709
SDs and MSPs	530,540	374,719	117,359	416,434	510,497
Other	401,942	276,282	83,504	296,935	353,212
Total FX	23,155,502	19,293,164	12,919,408	18,618,014	23,068,803
SDs and MSPs	17,178,513	14,670,598	9,471,359	14,136,646	17,584,991
Other	5,976,989	4,622,566	3,448,048	4,481,368	5,483,813
TOTAL	37,222,463	28,905,784	17,335,305	31,711,693	37,668,094

Weekly total, swap dollar volumes by asset class and participant type (value of all trades in millions of USD), all products and tenors, cleared and uncleared. For cleared swaps, the notional value for each of the two resulting swaps is attributed only to the counterparty facing the clearing organization (i.e., the clearing organization’s participation is not displayed). For uncleared swaps, the notional value of the swap is attributed to both swap counterparties. Only the notional values of market-facing trades are included in dollar volumes and trade events including compressions, terminations, amendments, and novations, are excluded. Because this table shows transactions by participant, the totals on this table are twice those displayed on the "Transaction Dollar Volume by Cleared Status" table.
* See Data Dictionary for asset class descriptions and Explanatory Notes for data sources.
** See Explanatory Notes for participant type descriptions.
The Commission requests feedback on the format and content of this CFTC Swaps Report table. Submit comments to [emailprotected].

Product¹	Cleared²	Uncleared	Total
Fixed-Float	964,274	205,908	1,170,181
OIS	4,133,326	623,465	4,756,792
Swaption	0	682,853	682,853
OTHER*	161,582	96,383	257,965
TOTAL	5,259,182	1,608,608	6,867,791

* Includes the following products: Basis, Cap/Floor, Debt Option, Exotic, Fixed-Fixed, FRA, and Inflation.

Product¹	USD³	EUR	Other	Total
Fixed-Float	346,868	398,680	424,633	1,170,181
OIS	2,605,692	921,749	1,229,351	4,756,792
Swaption	424,924	197,260	60,669	682,853
OTHER*	188,497	34,980	34,488	257,965
TOTAL	3,565,981	1,552,669	1,749,141	6,867,791

* Includes the following products: Basis, Cap/Floor, Debt Option, Exotic, Fixed-Fixed, FRA, and Inflation.

Product¹	0-3⁴	3-6	6-12	12-24	24-60	60+	Total
Fixed-Float	405,669	56,123	121,849	142,374	234,811	209,355	1,170,181
OIS	3,306,006	83,954	287,984	359,689	365,865	353,294	4,756,792
Swaption	102,789	58,509	305,608	124,249	60,475	31,222	682,853
OTHER*	113,983	27,815	50,234	21,880	22,146	21,908	257,965
TOTAL	3,928,447	226,402	765,675	648,191	683,297	615,779	6,867,791

* Includes the following products: Basis, Cap/Floor, Debt Option, Exotic, Fixed-Fixed, FRA, and Inflation.

	Swap Dealers/MSPs⁵		Others
Product¹	Cleared²	Uncleared	Cleared	Uncleared
Fixed-Float	1,476,271	298,146	452,276	113,670
OIS	4,896,402	867,153	3,370,251	379,777
Swaption	0	909,897	0	455,808
OTHER*	255,584	139,962	67,581	52,803
TOTAL	6,628,257	2,215,158	3,890,108	1,002,058

* Includes the following products: Basis, Cap/Floor, Debt Option, Exotic, Fixed-Fixed, FRA, and Inflation.

Product	Cleared²	Uncleared	Total
Index Tranche / Index / Other*	249,991	181,863	431,855
Europe	95,061	79,294	174,355
North America	151,245	98,147	249,393
Other Regions	3,685	4,422	8,107
TOTAL	249,991	181,863	431,855

* Includes exotic credit products, swaptions, and total return swaps.

Product	HY⁶	IG	Other	Total
Index Tranche / Index	61,617	213,861	4,840	280,318
OTHER*	23,721	125,698	2,118	151,537
TOTAL	85,338	339,559	6,957	431,855

* Includes exotic credit products, swaptions, and total return swaps.

	Swap Dealers/MSPs⁵		Others
Product	Cleared²	Uncleared	Cleared	Uncleared
Index Tranche / Index / Other*	302,882	207,615	197,101	156,111
Europe	123,002	92,676	67,120	65,911
North America	174,993	109,609	127,497	86,686
Other Regions	4,886	5,330	2,484	3,514
TOTAL	302,882	207,615	197,101	156,111

* Includes index tranche, index, exotic, swaptions, and total return swap credit products.

	Swap Dealers/MSPs⁵			Others
Product	HY⁶	IG	Other	HY	IG	Other
Index Tranche / Index	70,227	268,729	6,263	53,007	158,993	3,416
OTHER*	27,295	135,783	2,200	20,148	115,612	2,036
TOTAL	97,522	404,513	8,463	73,154	274,606	5,452

* Includes exotic credit products, swaptions, and total return swaps.

Product	Cleared	Uncleared	Total
Swaps & Forwards	5,538	9,738,237	9,743,776
NDF	126,808	691,824	818,632
Options	12,677	748,347	761,024
OTHER*	211	210,760	210,971
TOTAL	145,234	11,389,168	11,534,402

* Includes cross-currency and exotics.

Currency Pair¹	Swaps & Forwards	NDF⁷	Options	Other⁸	Total
USD/	9,010,195	814,991	660,568	191,920	10,677,674
EUROPE	4,673,662	42,182	259,840	104,862	5,080,546
EUR	2,435,200	27,470	206,656	72,257	2,741,584
GBP	1,081,230	9,312	28,919	24,336	1,143,798
CHF	561,232	4,191	19,547	4,044	589,014
OTHER²	595,999	1,209	4,718	4,224	606,150
AMERICAS/CARIBBEAN	817,283	186,818	80,315	23,439	1,107,856
CAD	645,010	3,606	29,176	16,172	693,964
BRL	263	79,790	29,224	2,350	111,627
OTHER³	172,011	103,422	21,915	4,918	302,265
ASIA/PACIFIC	3,319,019	582,988	312,686	62,256	4,276,949
JPY	1,546,532	19,891	148,756	39,178	1,754,357
CNY	394,751	25,870	63,735	4,123	488,479
KRW	45,092	159,699	11,200	1,082	217,072
HKD	304,086	4,367	9,775	718	318,946
AUD	503,976	7,678	35,704	10,872	558,230
OTHER⁴	524,583	365,483	43,517	6,283	939,866
OTHER⁵	200,231	3,003	7,727	1,362	212,323
EUR/non-USD	598,049	1,717	82,035	14,274	696,075
OTHER⁶	135,532	1,923	18,420	4,777	160,652
TOTAL	9,743,776	818,632	761,024	210,971	11,534,402

¹Currency pairs having USD on one side are grouped into 4 geographic regions, namely Europe, Americas/Caribbean, Asia/Pacific, and Other.
²Other major currencies in EUROPE region include SEK, NOK, DKK, PLN, and CZK.
³Other major currencies in Americas/Caribbean region include MXN, CLP, COP, PEN, and ARS.
⁴Other major currencies in Asia/Pacific include INR, TWD, SGD, NZD, and RUB.
⁵Regions within the Other category include the Middle East and Africa.
⁶Category includes currency pairs without USD or EUR leg.
⁷Top currency pairs for NDF not included above are USD versus INR, TWD, and IDR.
⁸Includes cross-currency and exotics.

Product	0-7	8-30	31-90	91-180	180+	Total
Swaps & Forwards	6,401,240	1,134,099	1,434,544	534,533	239,359	9,743,776
NDF	77,607	299,610	373,252	38,882	29,281	818,632
Options	89,143	186,216	231,523	129,756	124,385	761,024
OTHER*	2,354	13,141	20,383	44,244	130,848	210,971
TOTAL	6,570,344	1,633,066	2,059,702	747,415	523,874	11,534,402

* Includes cross-currency and exotics.

	Swap Dealers/MSPs		Others
Product	Cleared	Uncleared	Cleared	Uncleared
Swaps & Forwards	7,729	14,740,254	3,348	4,736,220
NDF	244,085	1,088,097	9,531	295,551
Options	25,354	1,163,199	0	333,495
OTHER*	348	315,926	73	105,594
TOTAL	277,515	17,307,475	12,952	5,470,861

* Includes cross-currency and exotics.

Swap dollar volumes for current week, by product type and major currency (notional value of all new trades in millions of USD), all participant types and tenors, cleared and uncleared. For cleared swaps, this table reflects the notional value of the creation of only one of the two swaps that results from the clearing process. Only the notional values of market-facing trades are included in dollar volumes and trade events including compressions, terminations, amendments, and novations, are excluded.
¹See Data Dictionary for product descriptions and Explanatory Notes for data sources.
²See Explanatory Notes for cleared and uncleared descriptions.
³See Explanatory Notes for currency descriptions.
⁴See Explanatory Notes for tenor bucket descriptions.
⁵See Explanatory Notes for participant type descriptions.
⁶See Data Dictionary for grade descriptions.
The Commission requests feedback on the format and content of this CFTC Swaps Report table. Submit comments to [emailprotected].

Printable Ticket Volume

	December 16	December 23	December 30	January 06	January 13
Total Interest Rate*	41,589	30,056	13,695	37,373	38,928
Cleared**	35,643	24,895	11,109	31,619	30,278
Uncleared	5,946	5,161	2,586	5,755	8,649
Total Credit	8,231	5,338	1,975	6,045	7,575
Cleared	6,763	4,581	1,805	4,978	6,169
Uncleared	1,468	757	171	1,067	1,406
Total FX	412,302	367,333	239,219	339,896	441,674
Cleared	13,129	11,285	9,167	16,488	22,106
Uncleared	399,173	356,049	230,052	323,409	419,568
TOTAL	462,121	402,728	254,889	383,315	488,176

Weekly total, swap ticket volumes by asset class and cleared status (number of new trades), all products, tenors, and participant types. For cleared swaps, this table reflects the creation of only one of the two swaps that results from the clearing process. Only market-facing trades are included in ticket volumes and trade events including compressions, terminations, amendments, and novations, are excluded.
* See Data Dictionary for asset class descriptions and Explanatory Notes for data sources.
** See Explanatory Notes for cleared and uncleared descriptions.
The Commission requests feedback on the format and content of this CFTC Swaps Report table. Submit comments to [emailprotected].

	December 16	December 23	December 30	January 06	January 13
Total Interest Rate*	83,178	60,112	27,389	74,747	77,855
SDs and MSPs**	52,630	39,305	18,276	48,194	49,603
Other	30,548	20,807	9,114	26,553	28,252
Total Credit	16,461	10,677	3,950	12,091	15,150
SDs and MSPs	9,968	6,507	2,405	7,584	9,324
Other	6,494	4,170	1,546	4,506	5,826
Total FX	824,604	734,667	478,438	679,793	883,347
SDs and MSPs	488,652	428,611	282,774	413,512	538,815
Other	335,952	306,056	195,664	266,281	344,532
TOTAL	924,242	805,456	509,778	766,630	976,352

Weekly total, swap ticket volumes by asset class and participant type (number of new trades), all products and tenors, cleared and uncleared. For cleared swaps, the creation of each of the two resulting swaps is attributed only to the counterparty facing the clearing organization (i.e., the clearing organization’s participation is not displayed). For uncleared swaps, each trade is attributed to both swap counterparties. Only market-facing trades are included in ticket volumes and trade events including compressions, terminations, amendments, and novations, are excluded. Because this table shows transactions by participant, the totals on this table are twice those displayed on the "Transaction Ticket Volume by Cleared Status" table.
* See Data Dictionary for asset class descriptions and Explanatory Notes for data sources.
** See Explanatory Notes for participant type descriptions.
The Commission requests feedback on the format and content of this CFTC Swaps Report table. Submit comments to [emailprotected].

Product¹	Cleared²	Uncleared	Total
Fixed-Float	13,370	2,389	15,760
OIS	15,925	1,992	17,917
Swaption	0	3,764	3,764
OTHER*	983	504	1,487
TOTAL	30,278	8,649	38,928

* Includes the following products: Basis, Cap/Floor, Debt Option, Exotic, Fixed-Fixed, FRA, and Inflation.

Product¹	USD³	EUR	Other	Total
Fixed-Float	1,235	5,168	9,357	15,760
OIS	9,714	1,582	6,620	17,917
Swaption	2,290	1,088	386	3,764
OTHER*	682	367	438	1,487
TOTAL	13,921	8,205	16,801	38,928

* Includes the following products: Basis, Cap/Floor, Debt Option, Exotic, Fixed-Fixed, FRA, and Inflation.

Product¹	0-3⁴	3-6	6-12	12-24	24-60	60+	Total
Fixed-Float	832	181	1,000	1,967	5,816	5,962	15,760
OIS	1,398	256	1,211	2,159	5,178	7,715	17,917
Swaption	1,323	207	586	293	881	474	3,764
OTHER*	91	32	241	163	377	584	1,487
TOTAL	3,644	676	3,038	4,582	12,253	14,735	38,928

* Includes the following products: Basis, Cap/Floor, Debt Option, Exotic, Fixed-Fixed, FRA, and Inflation.

	Swap Dealers/MSPs⁵		Others
Product¹	Cleared²	Uncleared	Cleared	Uncleared
Fixed-Float	16,750	2,973	9,990	1,806
OIS	19,922	2,606	11,927	1,378
Swaption	0	5,305	0	2,223
OTHER*	1,409	638	558	369
TOTAL	38,081	11,522	22,475	5,777

* Includes the following products: Basis, Cap/Floor, Debt Option, Exotic, Fixed-Fixed, FRA, and Inflation.

Product	Cleared²	Uncleared	Total
Index Tranche / Index / Other*	6,169	1,406	7,575
Europe	2,500	768	3,267
North America	3,383	503	3,886
Other Regions	287	136	422
TOTAL	6,169	1,406	7,575

* Includes exotic credit products, swaptions, and total return swaps.

Product	HY⁶	IG	Other	Total
Index Tranche / Index	3,093	3,649	302	7,044
OTHER*	199	291	42	532
TOTAL	3,292	3,939	344	7,575

* Includes exotic credit products, swaptions, and total return swaps.

	Swap Dealers/MSPs⁵		Others
Product	Cleared²	Uncleared	Cleared	Uncleared
Index Tranche / Index / Other*	7,543	1,781	4,795	1,031
Europe	3,215	1,077	1,784	459
North America	3,948	538	2,819	469
Other Regions	381	167	193	104
TOTAL	7,543	1,781	4,795	1,031

* Includes exotic credit products, swaptions, and total return swaps.

	Swap Dealers/MSPs⁵			Others
Product	HY⁶	IG	Other	HY	IG	Other
Index Tranche / Index	3,665	4,693	388	2,521	2,605	216
OTHER*	217	317	45	181	265	39
TOTAL	3,882	5,009	433	2,702	2,869	255

* Includes exotic credit products, swaptions, and total return swaps.

Product	Cleared	Uncleared	Total
Swaps & Forwards	1,421	316,060	317,481
NDF	20,154	84,857	105,011
Options	520	13,990	14,510
OTHER*	11	4,661	4,672
TOTAL	22,106	419,568	441,674

* Includes cross-currency and exotics.

Currency Pair¹	Swaps & Forwards	NDF⁷	Options	Other⁸	Total
USD/	246,079	102,085	12,628	4,160	364,953
EUROPE	110,837	510	3,462	1,267	116,076
EUR	49,139	201	2,411	614	52,366
GBP	28,109	124	611	589	29,434
CHF	10,080	90	291	37	10,498
OTHER²	23,509	94	149	27	23,778
AMERICAS/CARIBBEAN	28,688	22,350	2,600	648	54,287
CAD	18,208	83	739	403	19,433
BRL	51	12,370	755	44	13,219
OTHER³	10,430	9,897	1,107	202	21,635
ASIA/PACIFIC	90,978	78,922	6,302	1,989	178,191
JPY	20,204	152	2,404	688	23,449
CNY	15,360	964	774	102	17,200
KRW	959	19,879	188	47	21,073
HKD	6,653	74	97	14	6,838
AUD	18,076	107	867	902	19,952
OTHER⁴	29,726	57,746	1,972	236	89,680
OTHER⁵	15,575	304	265	255	16,398
EUR/non-USD	46,445	1,874	1,272	90	49,680
OTHER⁶	24,957	1,052	610	422	27,041
TOTAL	317,481	105,011	14,510	4,672	441,674

¹Currency pairs having USD on one side are grouped into 4 geographic regions, namely Europe, Americas/Caribbean, Asia/Pacific, and Other.
²Other major currencies in EUROPE region include SEK, NOK, DKK, PLN, and CZK.
³Other major currencies in Americas/Caribbean region include MXN, CLP, COP, PEN, and ARS.
⁴Other major currencies in Asia/Pacific include INR, TWD, SGD, NZD, and RUB.
⁵Regions within the Other category include the Middle East and Africa.
⁶Category includes currency pairs without USD or EUR leg.
⁷Top currency pairs for NDF not included above are USD versus INR, TWD, and IDR.
⁸Includes cross-currency and exotics.

Product	0-7	8-30	31-90	91-180	180+	Total
Swaps & Forwards	119,625	77,411	89,037	18,849	12,559	317,481
NDF	3,326	18,780	77,796	3,033	2,076	105,011
Options	1,952	4,465	4,135	1,756	2,202	14,510
OTHER*	86	228	689	840	2,829	4,672
TOTAL	124,988	100,885	171,657	24,479	19,665	441,674

* Includes cross-currency and exotics.

	Swap Dealers/MSPs		Others
Product	Cleared	Uncleared	Cleared	Uncleared
Swaps & Forwards	2,710	347,459	132	284,661
NDF	38,843	122,685	1,465	47,029
Options	1,039	20,515	0	7,466
OTHER*	15	5,550	7	3,771
TOTAL	42,607	496,208	1,604	342,928

* Includes cross-currency and exotics.

Swap transaction ticket volumes for current week, by product and clearing status (number of new trades), all participant types, tenors, and currencies. For cleared swaps, this table reflects the creation of only one of the two swaps that results from the clearing process. Only market-facing trades are included in ticket volumes and trade events including compressions, terminations, amendments, and novations, are excluded.
¹See Data Dictionary for product descriptions and Explanatory Notes for data sources.
²See Explanatory Notes for cleared and uncleared descriptions.
³See Explanatory Notes for currency descriptions.
⁴See Explanatory Notes for tenor bucket descriptions.
⁵See Explanatory Notes for participant type descriptions.
⁶See Data Dictionary for grade descriptions.
The Commission requests feedback on the format and content of this CFTC Swaps Report table. Submit comments to [emailprotected].

	Swap Dealers/MSPs		Others
Product	Cleared	Uncleared	Cleared	Uncleared
Swaps & Forwards	31,196	37,585,555	3,075	16,452,079
NDF	2,253,852	6,362,489	137,824	2,200,270
Options	265,419	10,172,349	182	2,905,578
OTHER*	151,032	21,530,618	71,852	4,207,147
TOTAL	2,701,499	75,651,012	212,934	25,765,074

Weekly Swaps Report 01/30/2023 | CFTC (2024)

References

Gross notional amount outstanding, current weekly snapshot, by product type and cleared status (millions of USD), all participant types, tenors and currencies. For cleared swaps, this table reflects only one of the two swaps that results from the clearing process; therefore, the numbers on this table are analogous to the notional value of futures open interest.
¹See Data Dictionary for product descriptions and Explanatory Notes for data sources.
²See Explanatory Notes for cleared and uncleared descriptions.
³See Explanatory Notes for currency descriptions.
⁴See Explanatory Notes for tenor bucket descriptions.
⁵See Explanatory Notes for participant type descriptions.
⁶See Data Dictionary for grade descriptions.
The Commission requests feedback on the format and content of this CFTC Swaps Report table. Submit comments to [emailprotected].