"Equity linked derivatives by instrument, counterparty and market",,,,,,,,,,,,,,,,,,,,,,,,,,,,,
Gross market values from end June 1998,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
In millions of US dollars,,,,,,,,,,,,,,,,,,,,,,,,,,,,,


,,,1998-H1,1998-H2,1999-H1,1999-H2,2000-H1,2000-H2,2001-H1,2001-H2,2002-H1,2002-H2,2003-H1,2003-H2,2004-H1,2004-H2,2005-H1,2005-H2,2006-H1,2006-H2,2007-H1,2007-H2,2008-H1,2008-H2,2009-H1,2009-H2,2010-H1,2010-H2,2011-H1
Total ,All instruments,All counterparties (net),190256,235635,244371,359264,292853,289290,199377,205131,242863,255420,259973,273939,294169,498326,382154,581923,670821,852784,1115654,1141901,1145567,1111770,879330,708132,706480,647747,708028
Total ,    Forwards and swaps,All counterparties (net),20380,43616,51651,71136,61771,60562,48930,57685,61852,61075,66944,57035,62858,76072,87984,111782,147437,166380,240103,238729,282939,335230,225352,176473,188807,167275,176405
Total ,    Forwards and swaps,Reporting dealers (net),2690,3122,2896,6575,7809,6569,7703,11581,18370,13626,14447,13286,12466,16537,19627,20144,29507,29197,46474,40962,52455,83836,58014,32796,38301,27942,32140
Total ,    Forwards and swaps,Other financial institutions,9642,21502,19812,42356,36375,30948,25871,16948,24534,22598,26333,24333,31027,38655,45759,63513,83114,104307,146073,152718,183934,197702,130000,105315,108185,96079,101896
Total ,    Forwards and swaps,Non-financial institutions,8045,18991,28941,22206,17590,23044,15354,29156,18947,24851,26163,19416,19358,20878,22596,28125,34818,32876,47557,45052,46550,53692,37339,38363,42321,43254,42370
Total ,  Total options,All counterparties (net),169874,191924,192722,288126,231082,228729,150448,147444,181012,194342,193036,216903,231310,422255,294169,470141,523387,686403,875556,903171,862629,776542,653978,531659,517677,480466,531622
Total ,    Options sold,All counterparties (gross),122121,130084,133441,189815,165696,159521,114765,105201,125835,132096,139101,145031,158856,214495,212789,338113,389461,492894,652099,675908,621284,603014,495812,391546,395495,364937,405165
Total ,    Options sold,Reporting dealers (gross),49969,64778,64570,87247,86713,67194,56791,53615,63058,72331,79495,74598,77161,85071,105227,164964,209032,247596,345021,345078,313800,361775,310103,234833,247634,214172,231227
Total ,    Options sold,Other financial institutions,43426,44777,40971,60792,49446,36615,36374,28189,32245,35178,36832,47436,60202,108724,77106,146855,147239,203963,239507,256922,247702,196550,146600,117047,110291,104325,114695
Total ,    Options sold,Non-financial institutions,28727,20530,27899,41773,29535,55713,21600,23397,30532,24586,22773,22997,21493,20702,30458,26293,33192,41335,67570,73909,59781,44692,39110,39664,37570,46441,59243
Total ,    Options bought,All counterparties (gross),97722,126618,123851,185558,152099,136402,92474,95858,118235,134577,133430,146470,149615,292831,186607,296992,342958,441105,568478,572341,555145,535303,468269,374946,369816,329701,357684
Total ,    Options bought,Reporting dealers (gross),49337,67112,64343,88495,81359,63673,49168,50672,64781,76760,73051,70464,74115,82147,95463,157301,203927,261133,358991,356796,323101,334668,308637,236721,241849,209290,208075
Total ,    Options bought,Other financial institutions,36166,39668,38893,64787,40446,24672,25438,19569,26464,32816,34150,43456,49271,183647,64269,112779,110773,143273,163816,168324,184039,159359,123704,101564,96615,90303,102547
Total ,    Options bought,Non-financial institutions,12219,19838,20616,32274,30292,48058,17868,25619,26991,25002,26228,32549,26228,27035,26877,26911,28259,36698,45670,47222,48003,41274,35928,36662,31352,30108,47062
US Equities,All instruments,All counterparties (net),50083,51981,82152,107219,71021,65161,56193,66081,63327,66750,76325,90275,93404,207260,100108,134003,165760,199680,243448,232261,249438,249057,201822,191584,195082,191041,202387
US Equities,    Forwards and swaps,All counterparties (net),7585,19753,34644,36110,20964,23715,18394,23937,21723,19644,22450,19289,22561,23967,25728,37496,42240,53188,75540,73072,85882,97485,55025,45755,63199,50608,47714
US Equities,    Forwards and swaps,Reporting dealers (net),349,507,743,1314,1731,1467,1458,2498,3288,2149,2855,3018,3315,3606,4444,2869,5143,5661,9272,9564,9842,15142,8503,5896,8503,7771,9475
US Equities,    Forwards and swaps,Other financial institutions,3293,4193,8796,17211,9849,11347,7791,4126,6726,5149,7577,7489,10060,10099,13893,21480,25494,36184,49675,46735,60107,60943,34368,28639,37371,28312,24630
US Equities,    Forwards and swaps,Non-financial institutions,3941,15053,25106,17586,9385,10904,9147,17313,11707,12347,12019,8781,9186,10261,7393,13146,11602,11341,16593,16771,15932,21401,12153,11220,17324,14524,13609
US Equities,  Total options,All counterparties (net),42495,32229,47508,71109,50057,41445,37797,42143,41605,47105,53875,70983,70842,183291,74382,96506,123521,146493,167910,159189,163557,151572,146798,145830,131883,140433,154672
US Equities,    Options sold,All counterparties (gross),28695,19089,29702,36614,25584,26107,23505,27681,31165,30661,30506,37552,37063,50960,44339,58871,84214,85270,113954,110527,100250,138878,102968,93854,94449,97631,108368
US Equities,    Options sold,Reporting dealers (gross),4876,8087,13056,10393,8367,8601,8197,11477,10480,11713,11876,10049,11496,16132,17193,22177,36934,24401,46230,46686,35476,77258,48196,39939,47107,48841,57032
US Equities,    Options sold,Other financial institutions,6393,3997,6467,8474,5833,5667,5085,4160,5774,5546,6764,15108,15835,26055,13233,24702,30796,41132,38151,40989,43687,46814,41596,37798,32980,25947,26988
US Equities,    Options sold,Non-financial institutions,17427,7004,10178,17747,11385,11839,10223,12043,14911,13402,11866,12397,9731,8775,13913,11992,16482,19738,29572,22852,21087,14808,13176,16117,14362,22843,24349
US Equities,    Options bought,All counterparties (gross),18676,21227,30862,44888,32840,23939,22489,25939,20920,28157,35245,43480,45275,148463,47236,59812,76241,85624,100186,95348,98783,89952,92026,91915,84541,91643,103336
US Equities,    Options bought,Reporting dealers (gross),5593,5942,11730,10414,8300,7401,8178,8619,8305,10765,14527,8942,13644,14034,15425,22974,33469,37249,41232,39447,34705,40362,41267,38408,42219,47999,54107
US Equities,    Options bought,Other financial institutions,6603,4227,6662,13702,6155,2556,3255,3738,3883,3707,5837,11428,15161,115450,17049,21776,26050,26105,30892,29730,35617,32796,35033,34102,27851,26116,26842
US Equities,    Options bought,Non-financial institutions,6482,11060,12471,20771,18387,13982,11056,13583,8732,13686,14883,23109,16467,18978,14762,15062,16724,22270,28060,26171,28461,16794,15726,19405,14471,17527,22387
Japanese Equities,All instruments,All counterparties (net),5391,7442,10205,12957,15660,9543,8225,6296,8007,7456,7774,10853,14541,14233,21448,61825,52916,59226,61961,49985,60464,86943,93415,80361,91209,77362,78850
Japanese Equities,    Forwards and swaps,All counterparties (net),1595,595,1777,1886,5902,3130,3159,1471,1030,1320,1386,1486,1579,1566,1521,2389,2324,3307,3821,6567,9080,15707,12476,8105,8855,6501,7219
Japanese Equities,    Forwards and swaps,Reporting dealers (net),473,126,71,367,1355,218,474,586,429,574,591,591,321,384,271,456,529,891,811,1882,2796,6216,4239,2365,2627,1923,2402
Japanese Equities,    Forwards and swaps,Other financial institutions,446,302,1289,1296,1792,1530,1520,835,551,727,570,687,944,962,1022,1462,1166,1661,2489,3552,4643,7211,6225,4296,4612,3407,3676
Japanese Equities,    Forwards and swaps,Non-financial institutions,675,167,417,222,2754,1383,1165,50,50,18,226,205,314,221,228,471,629,756,521,1133,1641,2280,2012,1444,1616,1171,1141
Japanese Equities,  Total options,All counterparties (net),3797,6827,8427,11072,9758,6413,5065,4824,6977,6136,6387,9367,12959,12667,19927,59436,50593,55919,58140,43418,51384,71235,80939,72255,82354,70862,71631
Japanese Equities,    Options sold,All counterparties (gross),3086,4200,4779,8315,9417,4731,4133,4078,5296,4662,4840,8388,10059,10132,19072,42309,39782,46303,48563,40266,47191,55044,63252,53374,62386,55536,53046
Japanese Equities,    Options sold,Reporting dealers (gross),2353,2717,3472,6335,6754,3331,2505,2641,3377,2767,2964,5236,5719,5319,13627,22726,28692,33047,34665,32478,36237,44779,48023,40005,45877,40976,38376
Japanese Equities,    Options sold,Other financial institutions,510,1112,1111,1733,2251,942,1111,957,1246,1313,1385,2282,3924,4587,4612,18341,10260,12080,12233,6608,10021,8725,13566,11987,14636,12248,12620
Japanese Equities,    Options sold,Non-financial institutions,220,371,193,247,411,459,518,480,673,583,492,869,416,226,834,1242,830,1176,1666,1179,933,1540,1663,1383,1873,2312,2050
Japanese Equities,    Options bought,All counterparties (gross),3064,5344,7120,9092,7095,5013,3437,3387,5058,4241,4511,6215,8619,7854,14482,39853,39503,42663,44242,35630,40430,60970,65710,58886,65845,56302,56961
Japanese Equities,    Options bought,Reporting dealers (gross),1867,3787,5315,6808,5090,3614,2540,2498,3476,2840,3011,3981,5114,4807,10646,23594,30346,31538,34050,28398,30766,47130,48952,44606,48316,44644,40306
Japanese Equities,    Options bought,Other financial institutions,799,1216,1495,1958,1514,1227,728,665,1284,1244,1232,1805,3076,2831,3520,15678,8393,9885,9100,5981,8750,11725,14808,12295,15107,10486,12930
Japanese Equities,    Options bought,Non-financial institutions,398,340,312,326,491,171,170,226,299,157,268,429,429,216,317,580,766,1240,1092,1252,914,2115,1950,1987,2422,1172,3725
European Equities,All instruments,All counterparties (net),116297,164221,141232,213619,189649,198022,122885,123219,158659,168691,161963,156720,163760,224429,229501,323012,382889,480140,621386,607330,593510,610117,478087,372886,351965,310919,341663
European Equities,    Forwards and swaps,All counterparties (net),9015,19026,12191,26860,28861,28707,23059,29229,35341,35824,39084,31501,31826,41460,49086,56831,85712,91202,131756,119730,144593,173176,130088,104574,99134,91095,92355
European Equities,    Forwards and swaps,Reporting dealers (net),1388,2341,1667,4085,4559,4688,5225,8089,13928,10513,10730,9254,8346,12062,13581,15967,22558,20615,33965,26157,37516,59091,43451,23545,26162,16787,18560
European Equities,    Forwards and swaps,Other financial institutions,5137,14549,7884,20242,20294,15477,13669,11122,16041,14580,16354,14041,16209,20942,25204,30105,45252,54474,72768,75342,86426,89751,66616,58954,52693,49300,53252
European Equities,    Forwards and swaps,Non-financial institutions,2490,2134,2638,2536,4010,8543,4166,10018,5372,10731,12000,8207,7269,8455,10302,10761,17902,16112,25023,18230,20651,24335,20023,22077,20278,25008,20545
European Equities,  Total options,All counterparties (net),107280,145146,129041,186757,160787,169314,99827,93990,123319,132864,122884,125216,131934,182971,180415,266182,297176,388938,489634,487600,448916,436942,348000,268312,252835,219824,249308
European Equities,    Options sold,All counterparties (gross),76188,102012,94165,133078,124577,122015,82061,68783,82692,91108,96528,90687,99285,114428,133647,206003,229890,303077,388460,390375,355575,342847,280093,213090,205806,174717,203296
European Equities,    Options sold,Reporting dealers (gross),37378,52404,46884,68707,70563,54773,44768,38361,47570,56464,62316,57191,57685,61048,70928,115109,136058,177852,238266,235114,221672,222534,198533,142212,140921,108763,117581
European Equities,    Options sold,Other financial institutions,30020,37379,31674,46427,38291,27789,28097,21812,22813,26083,25494,25036,31616,43926,50921,80377,81597,111482,128375,126241,114821,102425,64663,51281,46203,47372,57181
European Equities,    Options sold,Non-financial institutions,8793,12229,15609,17944,15723,39453,9196,8609,12308,8561,8718,8461,9982,9452,11798,10515,12234,13742,21817,29021,19084,17888,16896,19596,18682,18582,28534
European Equities,    Options bought,All counterparties (gross),68470,95538,81760,122386,106773,102072,62534,63568,88197,98220,88672,91720,90334,129591,117696,175288,203344,263713,339440,332339,315013,316629,266440,197434,187950,153870,163593
European Equities,    Options bought,Reporting dealers (gross),40228,56016,46413,69969,66340,52171,37735,38850,52022,61188,53490,55613,53544,59782,65906,106246,130528,174604,231676,220408,203831,207913,197246,140685,134866,100863,96270
European Equities,    Options bought,Other financial institutions,25397,32053,29392,46542,31206,19877,19472,14742,20704,27170,25462,28032,28083,62697,41097,60144,64029,77145,94127,97467,96832,91135,54869,43674,40286,43111,50667
European Equities,    Options bought,Non-financial institutions,2846,7470,5956,5875,9228,30023,5327,9975,15471,9861,9721,8074,8707,7113,10691,8898,8788,11963,13635,14464,14349,17580,14325,13074,12796,9891,16657
Latin American Equities,All instruments,All counterparties (net),2532,2106,1622,4906,4471,3024,1936,1225,1784,1016,932,1972,3326,31822,4271,8504,9498,9071,14565,18192,19864,20460,7575,4977,5548,4901,6986
Latin American Equities,    Forwards and swaps,All counterparties (net),662,712,882,2523,1976,1537,1041,381,928,523,417,1084,1900,3630,2910,5212,5226,5467,8835,10919,11583,15358,4542,3388,2698,2127,3567
Latin American Equities,    Forwards and swaps,Reporting dealers (net),91,1,76,126,24,33,7,11,56,12,0,10,5,33,10,0,46,24,73,96,58,20,33,43,12,48,178
Latin American Equities,    Forwards and swaps,Other financial institutions,109,259,589,1623,1184,490,784,45,130,154,215,330,1237,2795,1605,4106,4232,4645,8072,9740,10309,14305,4166,2367,2018,1891,3147
Latin American Equities,    Forwards and swaps,Non-financial institutions,463,452,217,774,768,1014,251,324,741,357,201,744,655,801,1295,1105,950,799,690,1083,1215,1035,344,978,668,188,242
Latin American Equities,  Total options,All counterparties (net),1870,1394,740,2384,2493,1487,895,845,856,493,516,886,1425,28192,1362,3292,4272,3603,5729,7273,8281,5100,3032,1590,2850,2774,3419
Latin American Equities,    Options sold,All counterparties (gross),2900,703,892,1305,1331,1001,451,636,532,442,434,787,1286,28022,1199,2534,3165,2543,4089,4287,5948,2739,1977,1028,1799,2056,2331
Latin American Equities,    Options sold,Reporting dealers (gross),1459,24,376,89,57,4,10,62,12,12,17,1,10,26,22,53,14,53,87,86,509,248,233,143,202,250,277
Latin American Equities,    Options sold,Other financial institutions,1171,588,181,116,114,54,181,264,222,167,162,405,1086,27721,819,2451,2876,2277,3724,4093,4437,2389,1708,720,851,1580,1544
Latin American Equities,    Options sold,Non-financial institutions,271,91,335,1100,1161,943,260,311,296,263,254,380,189,275,358,30,275,213,279,108,1002,101,36,164,746,226,510
Latin American Equities,    Options bought,All counterparties (gross),429,715,224,1168,1219,490,454,271,336,63,99,100,149,196,185,811,1121,1113,1727,3072,2842,2609,1288,705,1253,968,1365
Latin American Equities,    Options bought,Reporting dealers (gross),18,34,26,284,266,7,7,30,18,10,21,2,5,20,17,92,39,31,45,246,250,48,201,13,84,66,60
Latin American Equities,    Options bought,Other financial institutions,148,540,133,175,204,53,181,45,6,10,21,16,122,144,151,678,854,940,1045,2718,2135,2409,831,426,810,581,931
Latin American Equities,    Options bought,Non-financial institutions,263,141,64,709,749,431,268,196,312,43,56,81,21,32,17,41,229,142,637,107,457,152,257,266,359,321,374
Other Asian Equities,All instruments,All counterparties (net),1787,2586,2227,4186,2616,1609,1472,1183,2393,2104,1597,4174,6053,6692,8570,24688,28300,63521,127054,180131,170833,94012,55667,26712,24732,24125,23597
Other Asian Equities,    Forwards and swaps,All counterparties (net),199,558,175,535,226,101,376,148,278,90,127,353,1029,866,1362,2555,4042,5339,8197,13080,13926,14110,5582,3651,2872,4097,5151
Other Asian Equities,    Forwards and swaps,Reporting dealers (net),84,9,2,24,28,5,199,31,152,11,43,111,65,66,108,147,291,447,1178,2148,1084,2083,798,406,311,394,498
Other Asian Equities,    Forwards and swaps,Other financial institutions,25,343,148,456,171,20,76,78,85,30,41,165,734,618,999,1494,2150,3240,4275,6828,9116,10558,3922,2461,1810,3064,3210
Other Asian Equities,    Forwards and swaps,Non-financial institutions,86,206,26,55,28,76,101,40,40,50,43,75,228,181,255,914,1602,1650,2744,4103,3727,1470,863,784,751,639,1443
Other Asian Equities,  Total options,All counterparties (net),1588,2002,2052,3652,2392,1505,1096,1034,2114,2013,1470,3820,5022,5826,7208,22132,24258,58182,118857,167053,156905,79901,50082,23061,21860,20028,18446
Other Asian Equities,    Options sold,All counterparties (gross),566,594,523,1352,898,419,1054,991,2148,1312,1383,2713,4054,4865,6181,12588,13952,33110,73837,105090,90634,48052,31570,16394,14408,15970,14878
Other Asian Equities,    Options sold,Reporting dealers (gross),336,299,174,208,357,87,407,242,903,653,469,549,645,959,1483,2605,4021,7652,19521,25214,14695,13102,11289,8604,7021,7692,8410
Other Asian Equities,    Options sold,Other financial institutions,106,110,84,993,302,137,74,171,90,96,153,1676,2492,2352,2621,8075,7846,20877,42643,61816,59725,26202,14535,6753,6403,7113,5833
Other Asian Equities,    Options sold,Non-financial institutions,123,186,265,150,238,195,573,577,1155,564,760,487,916,1554,2076,1908,2084,4583,11672,18059,16214,8750,5747,1037,984,1165,635
Other Asian Equities,    Options bought,All counterparties (gross),1358,1707,1703,2508,1851,1173,449,285,869,1354,556,1656,1613,1920,2510,12149,14327,32724,64541,87177,80966,44951,29801,15271,14473,11750,11978
Other Asian Equities,    Options bought,Reporting dealers (gross),391,413,351,328,336,70,171,126,228,1169,274,383,613,927,1348,1914,6309,13917,45061,62947,48475,29369,17439,9698,10079,8783,8527
Other Asian Equities,    Options bought,Other financial institutions,518,784,510,1228,626,81,60,65,96,111,115,1000,676,744,880,9714,7584,18337,18831,20537,30138,11909,9133,4150,3582,2376,3020
Other Asian Equities,    Options bought,Non-financial institutions,451,509,842,952,888,1022,217,94,545,74,167,271,323,247,282,523,434,471,648,3695,2353,3673,3230,1424,812,590,431
Other Equities,All instruments,All counterparties (net),14168,7299,6937,16375,9440,11932,8666,7131,8695,9401,11379,9946,13089,13884,18249,29890,31467,41146,47237,53997,51455,51181,42764,31614,37945,39403,54545
Other Equities,    Forwards and swaps,All counterparties (net),1326,2976,1982,3223,3844,3369,2900,2521,2555,3670,3477,3316,3961,4581,7375,7300,7893,7879,11953,15360,17869,19391,17642,11001,12049,12847,20399
Other Equities,    Forwards and swaps,Reporting dealers (net),304,138,338,659,113,160,341,365,516,366,227,300,413,386,1212,707,940,1562,1173,1112,1158,1286,992,543,686,1019,1027
Other Equities,    Forwards and swaps,Other financial institutions,632,1859,1108,1530,3087,2086,2034,744,1002,1959,1576,1617,1846,3238,3037,4864,4822,4102,8794,10517,13330,14934,14704,8601,9680,10105,13981
Other Equities,    Forwards and swaps,Non-financial institutions,389,980,535,1034,644,1125,526,1411,1036,1346,1674,1399,1703,958,3123,1727,2133,2215,1987,3729,3383,3171,1945,1857,1684,1724,5390
Other Equities,  Total options,All counterparties (net),12840,4328,4955,13153,5594,8562,5767,4609,6141,5731,7901,6628,9127,9305,10874,22593,23574,33269,35282,38638,33586,31790,25122,20614,25896,26555,34146
Other Equities,    Options sold,All counterparties (gross),10686,3490,3380,9150,3887,5246,3561,3030,4004,3913,5411,4900,7104,6088,8349,15806,18460,22589,23194,25364,21680,15454,15950,13809,16646,19031,23245
Other Equities,    Options sold,Reporting dealers (gross),3567,1247,607,1513,612,399,905,830,717,724,1854,1569,1601,1587,1975,2292,3310,4591,6251,5500,5207,3855,3830,3931,6505,7651,9550
Other Equities,    Options sold,Other financial institutions,5226,1594,1454,3050,2656,2025,1825,824,2098,1974,2872,2927,5245,4081,4899,12907,13864,16115,14379,17175,15010,9995,10531,8510,9218,10064,10529
Other Equities,    Options sold,Non-financial institutions,1892,648,1318,4585,619,2823,830,1377,1189,1216,684,403,258,419,1476,606,1286,1883,2563,2688,1463,1604,1590,1366,923,1316,3165
Other Equities,    Options bought,All counterparties (gross),5721,2085,2182,5516,2319,3715,3111,2409,2854,2542,4344,3297,3624,4804,4500,9079,8424,15271,18339,18774,17113,20191,13002,10736,15755,15175,20451
Other Equities,    Options bought,Reporting dealers (gross),1241,917,508,691,1029,408,539,549,732,788,1729,1539,1193,2576,2120,2479,3240,3793,6922,5350,5076,9849,3536,3310,6285,6937,8805
Other Equities,    Options bought,Other financial institutions,2701,849,702,1182,743,878,1744,314,491,573,1482,1173,2152,1778,1574,4791,3863,10865,9822,11888,10567,9385,9029,6918,8978,7631,8157
Other Equities,    Options bought,Non-financial institutions,1780,319,973,3642,550,2427,829,1546,1631,1181,1132,585,277,450,807,1808,1321,612,1595,1535,1468,958,437,508,492,608,3488