Foreign Exchange Turnover Report – April 2018
List of tables
Table 1: Foreign Exchange Turnover by Instrument
Table 2: Foreign Exchange Turnover by Instrument and Counterparty
Table 3: Foreign Exchange Turnover by Currency
Table 4: Foreign Exchange Turnover by Currency Pair
Table 5: Maturities by Instrument and Currency
Table 6a: AUD Turnover by Instrument, Counterparty and Currency
Table 6b: USD Turnover by Instrument, Counterparty and Currency
Table 6c: EUR Turnover by Instrument, Counterparty and Currency
Apr 2018 | Oct 2017 | |
---|---|---|
US$m | US$m | |
a Adjusted for reporting dealer double counting. Daily average for April 18 calculated
on 19 trading days (October 2017 calculated on 21 trading days).
b Totals and sub-totals may not sum due to rounding. |
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Outright Spot | 32,104 | 28,509 |
Outright Forwards | 11,876 | 9,502 |
FX Swaps | 74,946 | 69,946 |
TRADITIONAL FOREIGN EXCHANGE TURNOVERb | 118,925 | 107,958 |
Currency Swaps | 2,143 | 2,104 |
OTC Options | 1,560 | 1,225 |
TOTAL TURNOVER | 122,628 | 111,286 |
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Apr 2018 | Oct 2017 | |
---|---|---|
US$m | US$m | |
a Adjusted for reporting dealer double counting. Daily average for April 18 calculated
on 19 trading days (October 17 calculated on 21 trading days).
b Sub-totals may not sum due to rounding. |
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Outright Spot | 32,104 | 28,509 |
Financial Institutions - Local | 8,007 | 4,024 |
Financial Institutions - Overseas | 22,775 | 23,252 |
Non-financial Institutions - Local | 966 | 895 |
Non-financial Institutions - Overseas | 357 | 338 |
Outright Forwards | 11,876 | 9,502 |
Financial Institutions - Local | 3,579 | 2,919 |
Financial Institutions - Overseas | 6,188 | 5,054 |
Non-financial Institutions - Local | 903 | 741 |
Non-financial Institutions - Overseas | 1,206 | 789 |
FX Swaps | 74,946 | 69,946 |
Financial Institutions - Local | 17,190 | 14,652 |
Financial Institutions - Overseas | 56,558 | 54,281 |
Non-financial Institutions - Local | 866 | 724 |
Non-financial Institutions - Overseas | 332 | 289 |
Currency Swaps | 2,143 | 2,104 |
Financial Institutions - Local | 461 | 628 |
Financial Institutions - Overseas | 1,489 | 1,442 |
Non-financial Institutions - Local | 188 | 27 |
Non-financial Institutions - Overseas | 5 | 6 |
OTC Options | 1,560 | 1,225 |
Financial Institutions - Local | 85 | 45 |
Financial Institutions - Overseas | 1,258 | 980 |
Non-financial Institutions - Local | 165 | 182 |
Non-financial Institutions - Overseas | 52 | 18 |
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Apr 2018 | Proportion of Totalb | Oct 2017 | Proportion of Totalb | |
---|---|---|---|---|
US$m | % | US$m | % | |
a Adjusted for reporting dealer double counting. Daily average for April 18 calculated
on 19 trading days (October 17 calculated on 21 trading days).
b Proportions sum to 200% as there are two currencies involved in each transaction. |
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AUD | 54,991 | 45 | 49,905 | 45 |
USD | 113,018 | 92 | 101,697 | 91 |
EUR | 17,767 | 14 | 16,379 | 15 |
OTHER CURRENCIES | 59,480 | 49 | 54,592 | 49 |
TOTAL | 122,628 | 111,286 | ||
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Apr 2018 | Proportion of Total | Oct 2017 | Proportion of Total | |
---|---|---|---|---|
US$m | % | US$m | % | |
a Adjusted for reporting dealer double counting. Daily average for April 18 calculated
on 19 trading days (October 17 calculated on 21 trading days).
b Totals may not sum due to rounding. |
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AUD/USD | 48,319 | 39 | 43,521 | 39 |
AUD/EUR | 1,660 | 1 | 1,471 | 1 |
AUD/JPY | 2,143 | 2 | 1,798 | 2 |
AUD/GBP | 817 | 1 | 826 | 1 |
AUD/CHF | 114 | 0 | 90 | 0 |
AUD/CAD | 319 | 0 | 278 | 0 |
AUD/NZD | 975 | 1 | 1,351 | 1 |
AUD/SEK | 37 | 0 | 83 | 0 |
AUD/OTHER ASIAN | 488 | 0 | 391 | 0 |
AUD/OTHER EUROPEAN | 50 | 0 | 20 | 0 |
AUD/OTHER | 68 | 0 | 65 | 0 |
EUR/USD | 14,406 | 12 | 13,174 | 12 |
USD/JPY | 12,863 | 10 | 14,442 | 13 |
USD/GBP | 8,142 | 7 | 5,669 | 5 |
USD/CHF | 716 | 1 | 743 | 1 |
USD/CAD | 3,115 | 3 | 2,513 | 2 |
USD/NZD | 15,031 | 12 | 13,098 | 12 |
USD/SEK | 221 | 0 | 115 | 0 |
USD/OTHER ASIAN | 8,963 | 7 | 6,761 | 6 |
USD/OTHER EUROPEAN | 263 | 0 | 382 | 0 |
USD/OTHER | 978 | 1 | 1,279 | 1 |
EUR/JPY | 520 | 0 | 361 | 0 |
EUR/GBP | 262 | 0 | 350 | 0 |
EUR/CHF | 59 | 0 | 75 | 0 |
EUR/CAD | 62 | 0 | 130 | 0 |
EUR/NZD | 266 | 0 | 253 | 0 |
EUR/SEK | 199 | 0 | 220 | 0 |
EUR/OTHER ASIAN | 48 | 0 | 60 | 0 |
EUR/OTHER EUROPEAN | 232 | 0 | 220 | 0 |
EUR/OTHER | 53 | 0 | 67 | 0 |
RESIDUAL CURRENCIES | 1,238 | 1 | 1,483 | 1 |
TOTALb | 122,628 | 111,286 | ||
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Seven days or less | Seven days to 1 year | Over 1 year | |
---|---|---|---|
US$m | US$m | US$m | |
a Not adjusted for reporting dealer double counting. Daily average for April 18
calculated on 19 trading days.
b Totals may not sum due to rounding. c ‘Against USD’ excludes AUD/USD turnover; ‘Against EUR’ excludes AUD/EUR and EUR/USD turnover. |
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Outright Forwards | 4,438 | 7,482 | 175 |
Against AUD | 1,830 | 4,267 | 30 |
Against USDc | 2,257 | 2,944 | 143 |
Against EURc | 115 | 133 | 2 |
OTHER CURRENCIES | 236 | 139 | 0 |
FX Swaps | 68,173 | 18,913 | 184 |
Against AUD | 32,217 | 7,438 | 56 |
Against USDc | 35,635 | 11,033 | 122 |
Against EURc | 155 | 211 | 6 |
OTHER CURRENCIES | 165 | 231 | 0 |
Currency Swaps | 0 | 387 | 2,065 |
Against AUD | 0 | 324 | 1,835 |
Against USDc | 0 | 63 | 230 |
Against EURc | 0 | 0 | 0 |
OTHER CURRENCIES | 0 | 0 | 0 |
OTC Options | 243 | 1,321 | 47 |
Against AUD | 116 | 564 | 26 |
Against USDc | 112 | 656 | 21 |
Against EURc | 10 | 50 | 0 |
OTHER CURRENCIES | 4 | 51 | 0 |
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AUD Against | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
USD | EUR | JPY | GBP | CHF | CAD | NZD | SEK | Oth ASIAN | Oth EUROP. | OTHER | TOTAL | |
a Adjusted for reporting dealer double counting. Daily average for April 18 calculated
on 19 trading days.
b Totals and sub-totals may not sum due to rounding. |
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Outright Spot | 11,236 | 400 | 564 | 202 | 24 | 80 | 406 | 5 | 123 | 10 | 18 | 13,068 |
Financial Institutions - Local | 4,586 | 118 | 88 | 91 | 9 | 16 | 77 | 3 | 82 | 7 | 5 | 5,081 |
Financial Institutions - Overseas | 5,786 | 217 | 465 | 85 | 11 | 57 | 290 | 1 | 15 | 1 | 7 | 6,935 |
Non-financial Institutions - Local | 729 | 65 | 11 | 25 | 4 | 8 | 38 | 1 | 25 | 2 | 5 | 912 |
Non-financial Institutions - Overseas | 136 | 0 | 0 | 1 | 1 | 0 | 1 | 0 | 1 | 0 | 0 | 140 |
Outright Forwards | 4,061 | 596 | 309 | 384 | 39 | 150 | 106 | 20 | 295 | 21 | 35 | 6,015 |
Financial Institutions - Local | 1,936 | 359 | 172 | 290 | 30 | 88 | 38 | 15 | 172 | 15 | 29 | 3,144 |
Financial Institutions - Overseas | 773 | 149 | 115 | 27 | 4 | 52 | 52 | 3 | 61 | 3 | 3 | 1,243 |
Non-financial Institutions - Local | 555 | 86 | 21 | 65 | 4 | 10 | 13 | 2 | 62 | 3 | 3 | 825 |
Non-financial Institutions - Overseas | 797 | 2 | 1 | 1 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 802 |
FX Swaps | 30,765 | 521 | 1,171 | 230 | 40 | 89 | 430 | 12 | 71 | 19 | 12 | 33,361 |
Financial Institutions - Local | 8,507 | 310 | 529 | 158 | 33 | 54 | 107 | 11 | 46 | 16 | 5 | 9,774 |
Financial Institutions - Overseas | 21,632 | 153 | 517 | 60 | 6 | 31 | 284 | 0 | 12 | 0 | 5 | 22,701 |
Non-financial Institutions - Local | 599 | 57 | 10 | 8 | 1 | 4 | 32 | 1 | 13 | 3 | 2 | 730 |
Non-financial Institutions - Overseas | 27 | 1 | 115 | 4 | 0 | 0 | 7 | 0 | 0 | 0 | 0 | 155 |
Currency Swaps | 1,709 | 107 | 40 | 0 | 3 | 0 | 5 | 0 | 0 | 0 | 4 | 1,868 |
Financial Institutions - Local | 434 | 5 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 442 |
Financial Institutions - Overseas | 1,202 | 11 | 40 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,254 |
Non-financial Institutions - Local | 71 | 91 | 0 | 0 | 0 | 0 | 4 | 0 | 0 | 0 | 4 | 170 |
Non-financial Institutions - Overseas | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
OTC Options | 549 | 35 | 58 | 2 | 8 | 0 | 29 | 0 | 0 | 0 | 0 | 680 |
Financial Institutions - Local | 29 | 0 | 1 | 0 | 4 | 0 | 1 | 0 | 0 | 0 | 0 | 34 |
Financial Institutions - Overseas | 399 | 31 | 56 | 1 | 4 | 0 | 27 | 0 | 0 | 0 | 0 | 519 |
Non-financial Institutions - Local | 121 | 4 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 127 |
Non-financial Institutions - Overseas | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total AUD Turnover | 48,319 | 1,660 | 2,143 | 817 | 114 | 319 | 975 | 37 | 488 | 50 | 68 | 54,991 |
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USD Against | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
EUR | JPY | GBP | CHF | CAD | NZD | SEK | Oth ASIAN | Oth EUROP. | OTHER | TOTAL | |
a Adjusted for reporting dealer double counting. Daily average for April 18 calculated
on 19 trading days.
b Totals and sub-totals may not sum due to rounding. c USD turnover excludes AUD/USD turnover. |
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Outright Spot | 3,091 | 2,849 | 1,329 | 184 | 959 | 4,283 | 31 | 4,550 | 116 | 178 | 17,570 |
Financial Institutions - Local | 438 | 271 | 182 | 59 | 131 | 1,406 | 8 | 163 | 27 | 13 | 2,698 |
Financial Institutions - Overseas | 2,584 | 2,553 | 1,129 | 125 | 803 | 2,810 | 22 | 4,348 | 86 | 162 | 14,623 |
Non-financial Institutions - Local | 12 | 2 | 4 | 0 | 10 | 7 | 0 | 7 | 1 | 2 | 46 |
Non-financial Institutions - Overseas | 57 | 22 | 13 | 1 | 15 | 59 | 0 | 32 | 1 | 1 | 202 |
Outright Forwards | 809 | 738 | 105 | 41 | 478 | 1,045 | 50 | 1,859 | 17 | 102 | 5,245 |
Financial Institutions - Local | 61 | 21 | 23 | 10 | 12 | 56 | 8 | 131 | 6 | 27 | 355 |
Financial Institutions - Overseas | 679 | 712 | 75 | 32 | 461 | 635 | 42 | 1,719 | 10 | 73 | 4,438 |
Non-financial Institutions - Local | 46 | 2 | 2 | 0 | 3 | 16 | 0 | 2 | 1 | 0 | 72 |
Non-financial Institutions - Overseas | 23 | 3 | 6 | 0 | 2 | 338 | 0 | 8 | 0 | 2 | 381 |
FX Swaps | 10,110 | 9,071 | 6,667 | 482 | 1,618 | 9,447 | 140 | 2,491 | 126 | 691 | 40,843 |
Financial Institutions - Local | 1,888 | 1,234 | 1,525 | 142 | 177 | 1,863 | 41 | 296 | 44 | 26 | 7,236 |
Financial Institutions - Overseas | 8,174 | 7,738 | 5,133 | 340 | 1,411 | 7,528 | 99 | 2,178 | 82 | 664 | 33,347 |
Non-financial Institutions - Local | 16 | 74 | 3 | 0 | 10 | 10 | 0 | 11 | 0 | 0 | 125 |
Non-financial Institutions - Overseas | 32 | 25 | 6 | 0 | 20 | 46 | 0 | 5 | 0 | 1 | 135 |
Currency Swaps | 107 | 0 | 20 | 0 | 7 | 125 | 0 | 16 | 0 | 0 | 275 |
Financial Institutions - Local | 1 | 0 | 0 | 0 | 0 | 17 | 0 | 0 | 0 | 0 | 18 |
Financial Institutions - Overseas | 88 | 0 | 20 | 0 | 7 | 108 | 0 | 12 | 0 | 0 | 235 |
Non-financial Institutions - Local | 18 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18 |
Non-financial Institutions - Overseas | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 0 | 0 | 4 |
OTC Options | 289 | 206 | 21 | 8 | 53 | 132 | 0 | 46 | 4 | 7 | 766 |
Financial Institutions - Local | 6 | 1 | 0 | 4 | 0 | 12 | 0 | 13 | 0 | 4 | 40 |
Financial Institutions - Overseas | 254 | 205 | 21 | 5 | 52 | 83 | 0 | 24 | 3 | 1 | 647 |
Non-financial Institutions - Local | 21 | 0 | 0 | 0 | 0 | 5 | 0 | 0 | 0 | 2 | 29 |
Non-financial Institutions - Overseas | 8 | 0 | 0 | 0 | 0 | 32 | 0 | 9 | 2 | 0 | 51 |
Total USD Turnoverc | 14,406 | 12,863 | 8,142 | 716 | 3,115 | 15,031 | 221 | 8,963 | 263 | 978 | 64,698 |
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EUR Against | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
JPY | GBP | CHF | CAD | NZD | SEK | Oth ASIAN | Oth EUROP. | OTHER | TOTAL | RESIDUALS | GRAND TOTALd | |
a Adjusted for reporting dealer double counting. Daily average for April 18 calculated
on 19 trading days.
b Totals and sub-totals may not sum due to rounding. c EUR turnover excludes AUD/EUR and EUR/USD turnover. d Grand total is the sum of AUD turnover (Table 6a), USD turnover (Table 6b), EUR turnover (Table 6c) and Residuals (Table 6c). |
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Outright Spot | 265 | 202 | 51 | 31 | 66 | 189 | 15 | 207 | 11 | 1,037 | 430 | 32,104 |
Financial Institutions - Local | 28 | 32 | 12 | 4 | 9 | 6 | 5 | 8 | 0 | 105 | 123 | 8,007 |
Financial Institutions - Overseas | 236 | 167 | 38 | 26 | 55 | 181 | 10 | 196 | 11 | 921 | 296 | 22,775 |
Non-financial Institutions - Local | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 2 | 5 | 966 |
Non-financial Institutions - Overseas | 0 | 1 | 0 | 0 | 1 | 2 | 1 | 3 | 0 | 9 | 6 | 357 |
Outright Forwards | 127 | 25 | 2 | 4 | 46 | 3 | 23 | 16 | 1 | 247 | 369 | 11,876 |
Financial Institutions - Local | 1 | 4 | 0 | 1 | 8 | 2 | 13 | 2 | 0 | 32 | 48 | 3,579 |
Financial Institutions - Overseas | 123 | 6 | 2 | 2 | 36 | 0 | 10 | 14 | 0 | 193 | 314 | 6,188 |
Non-financial Institutions - Local | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 4 | 903 |
Non-financial Institutions - Overseas | 3 | 14 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 20 | 3 | 1,206 |
FX Swaps | 125 | 33 | 3 | 15 | 115 | 7 | 10 | 8 | 41 | 357 | 386 | 74,946 |
Financial Institutions - Local | 1 | 14 | 0 | 0 | 58 | 1 | 2 | 0 | 0 | 76 | 103 | 17,190 |
Financial Institutions - Overseas | 124 | 14 | 3 | 14 | 55 | 5 | 6 | 5 | 38 | 265 | 245 | 56,558 |
Non-financial Institutions - Local | 0 | 4 | 0 | 0 | 1 | 0 | 2 | 0 | 0 | 6 | 5 | 866 |
Non-financial Institutions - Overseas | 0 | 1 | 0 | 0 | 1 | 1 | 0 | 3 | 3 | 9 | 33 | 332 |
Currency Swaps | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,143 |
Financial Institutions - Local | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 461 |
Financial Institutions - Overseas | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,489 |
Non-financial Institutions - Local | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 188 |
Non-financial Institutions - Overseas | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 |
OTC Options | 3 | 2 | 3 | 12 | 39 | 0 | 0 | 1 | 0 | 60 | 54 | 1,560 |
Financial Institutions - Local | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 | 85 |
Financial Institutions - Overseas | 3 | 2 | 3 | 12 | 39 | 0 | 0 | 1 | 0 | 59 | 33 | 1,258 |
Non-financial Institutions - Local | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 165 |
Non-financial Institutions - Overseas | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52 |
Total EUR Turnoverc | 520 | 262 | 59 | 62 | 266 | 199 | 48 | 232 | 53 | 1,700 | 1,238 | 122,628 |
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