BIS-TRIENNIAL BANK SURVEY OF FOREIGN EXCHANGE AND DERIVATIVES MARKET ACTIVITY

Bank for International Settlements (BIS) has been coordinating a Triennial Bank Survey of Foreign Exchange and Derivatives Market Activity since 1989. The objective of the survey is to obtain reasonably comprehensive and internationally consistent information on the size and structure of foreign exchange and over-the-counter (OTC) derivatives markets.

The survey is composed of two parts. The first part comprising the collection of market data on turnover in notional amounts of foreign exchange spot, foreign exchange and interest rate OTC derivatives transactions, has been conducted in April. The second part comprising the notional amounts and gross market values outstanding of foreign exchange, interest rate, equity, commodity, credit and other OTC derivative instruments has been conducted in June.

The data on derivatives outstanding (June) are collected on a consolidated basis whereas the turnover data (April) are collected on a nonconsolidated basis.