2016 Triennial Central Bank Survey of Foreign Exchange and OTC Derivatives Markets

30 March 2016

Press release

The Bank for International Settlements (BIS) today launched the 11th Triennial Central Bank Survey of Foreign Exchange and Over-The-Counter (OTC) Derivatives Market Activity.

Conducted every three years since 1986, the Triennial Survey is the most comprehensive source of information on the size and structure of global foreign exchange and OTC derivatives markets. It aims to increase the transparency of OTC markets and to help central banks, other authorities and market participants monitor developments in global financial markets.

The previous survey, in April 2013, showed that trading in foreign exchange spot and OTC derivatives markets was then averaging $5.3 trillion per day.

As in earlier surveys, data on daily turnover in OTC markets for foreign exchange and interest-rate derivatives will be collected during the month of April this year. Data on the outstanding notional amounts and gross market values of foreign exchange, interest rate, equity, commodity, credit and other OTC derivatives will be collected at the end of June.

Preliminary results for turnover will be published by the BIS in early September 2016, and for amounts outstanding in early November 2016. The final, comprehensive results will be published in December 2016.

More than 1,200 financial institutions located in 52 countries will contribute to the 2016 Triennial Survey,1 which is coordinated by the BIS under the guidance of the Markets Committee and Committee on the Global Financial System. Participating central banks survey financial institutions in their jurisdiction and submit national aggregates to the BIS, which calculates and publishes global totals.

The results of previous Triennial Surveys are available on the BIS website: http://www.bis.org/publ/rpfx13.htm.  


1 Financial institutions in the following jurisdictions will contribute to the 2016 Triennial Survey: Argentina, Australia, Austria, Bahrain, Belgium, Brazil, Bulgaria, Canada, Chile, China, Chinese Taipei, Colombia, the Czech Republic, Denmark, Finland, France, Germany, Greece, Hong Kong SAR, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Korea, Latvia, Lithuania, Luxembourg, Malaysia, Mexico, the Netherlands, New Zealand, Norway, Peru, the Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, Slovakia, South Africa, Spain, Sweden, Switzerland, Thailand, Turkey, the United Kingdom and the United States. Institutions from the same jurisdictions, plus Estonia, participated in the 2013 Triennial Survey.