The Riksbank's survey of turnover in the Swedish foreign exchange and derivatives market

News Turnover on the foreign exchange market in Sweden remains largely unchanged relative to 2016. During the same period, the turnover interest rate derivatives declined significantly. This was observed in the survey of turnover in the Swedish foreign exchange and derivatives markets made by the Riksbank in April this year at the initiative of the Bank for International Settlements (BIS).

The Riksbank’s survey is part of a larger survey (Triennial Central Bank Survey) coordinated by the Bank for International Settlements (BIS). The study covers 53 countries and has been carried out every third year since 1986.   The previous study was carried out in 2016. The surveyed turnover comprises foreign exchange contracts in the spot and derivatives markets as well as interest rate derivatives.

In Sweden, the study is based on the turnover of the four largest Swedish participants, that is, Swedbank, Nordea Bank, SEB and Svenska Handelsbanken. The survey covers these banks’ total foreign exchange and derivatives trading in Sweden; not merely their trade in Swedish kronor. The total turnover in the Swedish kronor market is described in the BIS preliminary report.

Updated 16/09/2019
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