Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity in April 2010 - Preliminary global results - Turnover

Updated 1 Sep 2010

In April this year, 53 central banks and monetary authorities participated in the eighth Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity ("the triennial survey"). The objective of the survey is to provide the most comprehensive and internationally consistent information on the size and structure of global foreign exchange markets, allowing policymakers and market participants to better monitor patterns of activity in the global financial system. 1 Coordinated by the BIS, participating institutions collect data from some 1,300 reporting dealers on turnover in foreign exchange instruments and OTC interest rate derivatives. The triennial survey has been conducted every three years since April 1989, and has been modified since April 1995 to include OTC interest rate derivatives.

Previous triennial surveys have used the expression "traditional foreign exchange markets" to refer to spot transactions, outright forwards and foreign exchange swaps. This expression excludes currency swaps and currency options, which are under OTC instruments. Beginning with the 2010 survey, the expression "global foreign exchange markets" will include all five foreign exchange instruments. Turnover on global foreign exchange markets and in interest rate derivatives is analysed in Tables 1 to 5 and in Tables 6 to 9, respectively.

The headline figures from the April 2010 survey are the following:

1. Turnover on the Global foreign exchange market

2. Turnover in OTC interest rate derivatives

More detailed results on developments in the foreign exchange and OTC derivatives markets and comprehensive explanatory notes describing the coverage of and terms used to present the statistics are included in the separate statistical release of the data. Explanatory notes follow statistical tables.

The BIS plans to publish, in November 2010, the detailed results of the activity in April 2010 and of the positions at end June 2010 on FX instruments. A specific press release will also be published in November on the global OTC positions at end June 2010. In addition, special features will be devoted to the Survey in the December 2010 BIS Quarterly Review.

 


National results of central banks and monetary authorities that participated in the survey and that publish their results at the same time as the BIS are available at:

Australia http://www.rba.gov.au/media-releases/index.html
Austria http://www.oenb.at/de/presse_pub/period_pub/statistik/statistiken/statistiken_-_daten_und_analysen.jsp

http://www.oenb.at/de/presse_pub/period_pub/statistik/statistiken/statistiken_20104.jsp

Belgium http://www.nbb.be/doc/ts/Enterprise/Press/2010/cp20100901Nl.pdf
http://www.nbb.be/doc/ts/Enterprise/Press/2010/cp20100901Fr.pdf
http://www.nbb.be/doc/ts/Enterprise/Press/2010/cp20100901En.pdf
Bulgaria http://www.bnb.bg/FinancialMarkets/FMResearchStatistics/index.htm?toLang=_EN .
Canada http://www.bankofcanada.ca/en/press/2010/pr010910.pdf
http://www.banqueducanada.ca/fr/presse/2010/com010910.pdf
Chile http://www.bcentral.cl/
Colombia http://www.banrep.gov.co/informes-economicos/ine_enc_bis.htm
Czech Republic http://www.cnb.cz/en/financial_markets/foreign_exchange_market/triennial_survey/index.html
Denmark http://www.nationalbanken.dk/DNUK/Statistics.nsf/side/Download_statistics_-_Publications!OpenDocument
Finland http://www.bof.fi/en/julkaisut/tilastojulkaisut/index_old.htm
France http://www.banque-france.fr/fr/statistiques/activite/bri-change.htm
Germany http://www.bundesbank.de/download/presse/pressenotizen/2010/20100901.devisenhandel.pdf
Hong Kong SAR http://www.info.gov.hk/hkma/eng/press/index.htm
Israel http://www.bankisrael.gov.il/deptdata/mth/exchange.htm
Italy http://www.bancaditalia.it/media/comsta/2010/turn/en-cs-turnover-010910.pdf
Ireland http://www.centralbank.ie/frame_main.asp?pg=sta_home.asp&nv=sta_nav.asp
Japan http://www.boj.or.jp/en/statistics/bis/deri/deri1004.htm/
Korea http://www.bok.or.kr/index.jsp
Lithuania http://www.lb.lt/news/pg.dll?lng=EN&did=2612
Mexico http://www.banxico.org.mx/sistema-financiero/estadisticas/mercado-cambiario/volumenes-operados-en-el-mercado-cambiario/encuestas-del-bis/encuestas-del-bis-volumenes-o.html
New Zealand http://www.rbnz.govt.nz/news/2010/4164939.html 
Norway http://www.norges-bank.no/
http://www.norges-bank.no/default____106.aspx
Poland http://www.nbp.pl/homen.aspx?f=/en/systemfinansowy/obroty.html
http://www.nbp.pl/home.aspx?f=/systemfinansowy/obroty.html
Portugal http://www.bportugal.pt/pt-PT/Estatisticas/PublicacoesEstatisticas/NIE/Paginas/default.aspx
Singapore http://www.mas.gov.sg/news_room/press_releases/2010/Foreign_Exchange_Survey_2010.html
Spain http://www.bde.es/webbde/GAP/Secciones/SalaPrensa/NotasInformativas/10/Arc/Fic/presbis10.pdf
http://www.bde.es/webbde/GAP/Secciones/SalaPrensa/NotasInformativas/10/Arc/Fic/presbis10en.pdf
Russia http://www.cbr.ru/statistics/credit_statistics/2010_turnover_central_banks.zip
Sweden http://www.riksbank.com/templates/ItemList.aspx?id=43010
Switzerland http://www.snb.ch/en/iabout/stat/statpub/umdev/id/statpub_umdev_hist
Turkey http://www.tcmb.gov.tr/yeni/bisanket/April2010.xls   
United Kingdom http://www.bankofengland.co.uk/statistics/bis-survey/fxotcsum10.pdf
United States http://www.newyorkfed.org/markets/triennial/fx_survey.pdf

1 The triennial survey complements more frequent regional surveys conducted in the following financial centres by local Foreign Exchange Committees: Australia, Canada, Hong Kong SAR, London, New York, Tokyo and Singapore.