Firms favour swaps over spot when trading FX – BIS

Forex swaps account for 49% of global average daily turnover in April

Turnover of foreign exchange derivatives outpaced that of spot contracts in April, data from the Bank for International Settlements’ Triennial Central Bank Survey shows.

Total average daily turnover of forex instruments hit $6.6 trillion in April. Trades between reporting dealers accounted for 38.3%, between reporting dealers and other financial firms 54.6%, and between reporting dealers and non-financial companies 7.2%. 

Spot contracts comprised 30% of all trades, compared with 49% for forex

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here