Foreign exchange turnover in April 2016 Contents Notations Abbreviations BIS Triennial Central Bank Survey. Highlights 2. Turnover in foreign exchange markets. Turnover by currencies and currency pairs 22334457 Turnover by instrument and maturity…… Turnover by counterparty ....... Geographical distribution of turnover Annexe Tables Explanatory notes…… Turn Instruments 17 Counterparties 17 Currencies and currency pairs.... Maturities…. Elimination of double-counting ........................20 This publication presents the global results of the 2016 BIS Triennial Central Bank Survey of turnover foreign exchange markets. A separate publication presents the results of turnover in over-the-counter interestratederivativesmarkets(www.bis.org/publ/rpfx16.htm).Manyparticipatingauthoritiesalso publish their national results, links to which are available on the BIs website (www.bis.org/statistics/triennialrep/national.htm).Theglobalresultsforacompanionsurveyonamounts outstanding in OTC derivatives markets will be published in November 2016 Data are subject to change. Revised data will be released concurrently with the B/S Quarterly Review in December 2016. The December 2016 B/S Quarterly Review will include several special feature articles that analyse the results of the 2016 Triennial Survey BIS Triennial Central Bank Survey 2016BIS Triennial Central Bank Survey 2016 1 Foreign exchange turnover in April 2016 Contents Notations.............................................................................................................................................................................................. 2 Abbreviations...................................................................................................................................................................................... 2 1. BIS Triennial Central Bank Survey............................................................................................................................. 3 Highlights .................................................................................................................................................................................... 3 2. Turnover in foreign exchange markets .................................................................................................................. 4 Turnover by currencies and currency pairs.................................................................................................................... 4 Turnover by instrument and maturity.............................................................................................................................. 5 Turnover by counterparty..................................................................................................................................................... 7 Geographical distribution of turnover............................................................................................................................. 8 Annexes ................................................................................................................................................................................................ 9 A Tables................................................................................................................................................................................... 9 B Explanatory notes .........................................................................................................................................................15 Participating authorities ......................................................................................................................................................15 Coverage....................................................................................................................................................................................16 Turnover data ..........................................................................................................................................................................16 Instruments...............................................................................................................................................................................17 Counterparties.........................................................................................................................................................................17 Trading relationships ............................................................................................................................................................19 Currencies and currency pairs...........................................................................................................................................19 Maturities ..................................................................................................................................................................................20 Elimination of double-counting .......................................................................................................................................20 This publication presents the global results of the 2016 BIS Triennial Central Bank Survey of turnover in foreign exchange markets. A separate publication presents the results of turnover in over-the-counter interest rate derivatives markets (www.bis.org/publ/rpfx16.htm). Many participating authorities also publish their national results, links to which are available on the BIS website (www.bis.org/statistics/triennialrep/national.htm). The global results for a companion survey on amounts outstanding in OTC derivatives markets will be published in November 2016. Data are subject to change. Revised data will be released concurrently with the BIS Quarterly Review in December 2016. The December 2016 BIS Quarterly Review will include several special feature articles that analyse the results of the 2016 Triennial Survey