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Clear
EurexOTC Clear Eurex Listed Eurex Repo Deutsche Börse Cash Market Clearing volumes

Clearing volumes

Figures as of COB 12 November, 2025.

Notional Outstanding

Total

Notional outstanding (total) by product and currency

Product

EUR

ZCIS

10,179,460,000

Swap

20,768,525,110,383

OIS

6,649,047,734,082

FRA

22,277,416,599,604

BasisSwap

315,609,769,336

Total

50,020,778,673,405

EUR

Notional outstanding (EUR) by product and currency

Product

EUR

ZCIS

10,179,460,000

Swap

20,764,658,873,094

OIS

6,389,455,390,494

FRA

22,276,389,636,501

BasisSwap

315,609,769,336

Total

49,756,293,129,425

CHF

Notional outstanding (CHF) by product and currency

Product

CHF

EUR Equivalent

Swap

0

0

OIS

161,392,470,531

174,478,346,520

FRA

0

0

BasisSwap

0

0

Total

161,392,470,531

174,478,346,520


GBP

Notional outstanding (GBP) by product and currency

Product

GBP

EUR Equivalent

Swap

 0 

0

OIS

  46,790,735,952

53,032,682,706

FRA

0

0

BasisSwap

0

0

 Total

  46,790,735,952

53,032,682,706


JPY

Notional outstanding (JPY) by product and currency

Product

JPY

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


USD

Notional outstanding (USD) by product and currency

Product

USD

EUR Equivalent

Swap

0

0

OIS

37,137,329,507

32,081,314,363

FRA

0

0

BasisSwap

0

0

Total

37,137,329,507

32,081,314,363


DKK

Notional outstanding (DKK) by product and currency

Product

DKK

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


NOK

Notional outstanding (NOK) by product and currency

Product

NOK

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


SEK

Notional outstanding (SEK) by product and currency

Product

SEK

EUR Equivalent

Swap

25,650,000,000

2,344,714,109

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

25,650,000,000

2,344,714,109


PLN

Notional outstanding (PLN) by product and currency

Product

PLN

EUR Equivalent

Swap

6,433,000,000

1,521,523,179

OIS

0

0

FRA

4,342,000,000

1,026,963,103

BasisSwap

0

0

Total

10,775,000,000

2,548,486,282

CZK

Notional outstanding (CZK) by product and currency

Product

CZK

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

00


HUF

Notional outstanding (HUF) by product and currency

Product

HUF

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

00


Notional Value

Total

Notional value (total) by product and currency

Product

EUR

ZCIS

20,414,300,000

Swap

46,051,557,478,407

OIS

25,837,253,762,599

FRA

244,842,253,762,599

BasisSwap

710,848,267,401

Total

317,463,020,089,334


EUR

Notional value (EUR) by product and currency

Product

EUR

ZCIS

20,414,300,000

Swap

45,541,853,859,294

OIS

25,446,358,700,870

FRA

244,756,692,914,634

BasisSwap

692,823,193,354

Total

316,458,142,968,688

CHF

Notional value (CHF) by product and currency

Product

CHF

EUR Equivalent

Swap

354,898,194,125

321,827,802,079

OIS

161,598,875,880

164,125,752,356

FRA

93,800,000,000

84,082,983,493

BasisSwap

18,097,100,000

16,488,495,691

Total

628,394,170,005

586,525,033,619

GBP

Notional value (GBP) by product and currency

Product

GBP

EUR Equivalent

Swap

96,365,475,169

110,524,149,187

OIS

134,616,963,195

157,025,977,638

FRA

502,000,000

712,830,567

BasisSwap

890,000,000

1,027,865,852

Total

232,374,438,738

269,290,823,676

JPY

Notional value (JPY) by product and currency

Product

JPY

EUR Equivalent

Swap

0

0

OIS

200,000,000

1,696,065

FRA

0

0

BasisSwap

0

0

Total

200,000,000

1,696,065


USD

Notional value (USD) by product and currency

Product

USD

EUR Equivalent

Swap

81,380,685,050

72,608,615,581

OIS

77,191,812,951

69,741,635,670

FRA

0

0

BasisSwap

626,400,000

508,712,503 

Total

159,198,898,001

142,858,963,754

DKK

Notional value (DKK) by product and currency

Product

DKK

EUR Equivalent

Swap

22,000,000 

2,946,659 

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

22,000,000

2,946,659 


NOK

Notional value (NOK) by product and currency

Product

NOK

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


SEK

Notional value (SEK) by product and currency

Product

SEK

EUR Equivalent

Swap

33,500,000,000 

3,172,856,969 

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

33,500,000,000 

3,172,856,969 


PLN

Notional value (PLN) by product and currency

Product

PLN

EUR Equivalent

Swap

6,675,600,000

1,567,248,638

OIS

0

0

FRA

6,189,200,000

1,457,551,266

BasisSwap

0

0

Total

12,864,800,000

3,024,799,904


CZK

Notional value (CZK) by product and currency

Product

CZK

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


HUF

Notional value (HUF) by product and currency

Product

HUF

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


Notional Value (daily)

Total

Notional value (total) by product and currency

Product

EUR

ZCIS

0

Swap

79,511,060,000

OIS

49,835,929,214

FRA

106,152,911,518

BasisSwap

0

Total

235,499,900,732

EUR

Notional value (EUR) by product and currency

Product

EUR

ZCIS

0

Swap

79,511,060,000

OIS

49,665,397,036

FRA

106,152,911,518

BasisSwap

0

Total

235,329,368,554

CHF

Notional value (CHF) by product and currency

Product

CHF

EUR Equivalent

Swap

0

0

OIS

120,000,000

129,729,730

FRA

0

0

BasisSwap

0

0

Total

120,000,000

129,729,730


GBP

Notional value (GBP) by product and currency

Product

GBP

EUR Equivalent

Swap

0

0

OIS

36,000,000

40,802,448

FRA

0

0

BasisSwap

0

0

Total

36,000,000

40,802,448


JPY

Notional value (JPY) by product and currency

Product

JPY

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


USD

Notional value (USD) by product and currency

Product

USD

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


DKK

Notional value (DKK) by product and currency

Product

DKK

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


NOK

Notional value (NOK) by product and currency

Product

NOK

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


SEK

Notional value (SEK) by product and currency

Product

SEK

EUR Equivalent

Swap

 0

 0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0

PLN

Notional value (PLN) by product and currency

Product

PLN

EUR Equivalent

Swap

0

0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


CZK

Notional value (CZK) by product and currency

Product

CZK

EUR Equivalent

Swap

 0

 0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


HUF

Notional value (HUF) by product and currency

Product

HUF

EUR Equivalent

Swap

 0

 0

OIS

0

0

FRA

0

0

BasisSwap

0

0

Total

0

0


Explanatory notes:

  • The total notional outstanding is the aggregated double counted volume of all active trades.
  • The total notional value is the aggregated double counted volume of all cleared trades.
  • Total notional volumes expressed in euro are calculated by converting the notional volumes of swaps denominated in other currencies to euro using the same conversion methodology as used for margining and collateral.
  • The December compression cycle resulted in a reduction of 16 percent of total outstanding volume in OTC interest rate derivatives 


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