Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity in 2010 - Final results
Updated 1 Dec 2010
Activity in the foreign exchange market
Every three years, the Bank for International Settlements (BIS) coordinates a global central bank survey designed to yield comprehensive and internationally consistent information on the size and structure of foreign exchange (FX) and over-the-counter (OTC) derivatives markets. By increasing market transparency, the survey aims to help monetary authorities and market participants better monitor patterns of activity and exposures in the global financial system.
The BIS conducted the eighth such triennial survey in April and June 2010. The participating central banks compiled data collected from about 4000 reporting financial institutions in their countries for submission to the BIS, which calculates and publishes the global totals. In April 2010, data were collected in 53 countries on daily turnover in notional amounts of FX spot as well as FX and interest rate OTC derivatives transactions. At end-June, data were collected in 42 countries on outstanding notional amounts and gross market values of FX, interest rate, equity, commodity, credit (including as credit default swaps contracts) and other OTC derivatives instruments.
The 2010 Triennial Survey publication as far as foreign exchange activity is concerned has been split into the following reports:
- 1 September 2010: provisional results on the global foreign exchange market and OTC derivatives turnover in April 2010, final summary tables (XLS). This release includes summary data on single-currency interest rate OTC derivatives.
- 1 December 2010: Detailed final report on FX activity in 2010 (covering only FX turnover in April, notional amounts outstanding and gross market values of OTC FX derivatives at end-June), FX annex tables (XLS). Detailed data on single-currency interest rate OTC derivatives turnover, which used to be published together with detailed data on FX activity in the final reports of past surveys, are now published only in annex table form.
- 13 December 2010: BIS Quarterly Review Special feature "The 4$ trillion question: what explains FX growth since 2007 Survey?"