ASIA MARKET LEADERS (excluding short-dated swaps)
Asia Pacific | |||
2022 | 2021 | Counterparty | Market Share % |
1 | 2 | Deutsche Bank | 16.01% |
2 | 4 | JPMorgan | 12.77% |
3 | 1 | UBS | 11.24% |
4 | 3 | Citi | 8.14% |
5 | 10 | Credit Suisse | 5.22% |
6 | 6 | Bank of America | 4.93% |
7 | 7 | Barclays | 4.88% |
8 | 12 | XTX Markets | 4.75% |
9 | 5 | HSBC | 4.55% |
10 | 9 | State Street | 3.85% |
Australia | |||
2022 | 2021 | Counterparty | Market Share % |
1 | 5 | JPMorgan | 25.07% |
2 | 2 | UBS | 14.49% |
3 | 6 | Deutsche Bank | 11.93% |
4 | 3 | XTX Markets | 11.87% |
5 | 8 | State Street | 8.60% |
China | |||
2022 | 2021 | Counterparty | Market Share % |
1 | 2 | Bank of New York Mellon | 46.77% |
2 | 1 | Deutsche Bank | 19.01% |
3 | 5 | XTX Markets | 7.22% |
4 | 11 | ICBC | 4.32% |
4 | 7 | Bank of China | 4.32% |
Hong Kong SAR | |||
2022 | 2021 | Counterparty | Market Share % |
1 | 3 | Deutsche Bank | 19.13% |
2 | 2 | HSBC | 15.44% |
3 | 10 | JPMorgan | 12.87% |
4 | 12 | Citi | 8.79% |
5 | 4 | UBS | 8.78% |
India | |||
2022 | 2021 | Counterparty | Market Share % |
1 | 2 | HSBC | 55.35% |
2 | 4 | HDFC Bank | 22.31% |
3 | 5 | IDFC First Bank | 16.71% |
4 | 3 | Citi | 4.14% |
5 | 1 | IndusInd Bank | 1.49% |
Japan | |||
2022 | 2021 | Counterparty | Market Share % |
1 | 2 | Deutsche Bank | 15.74% |
2 | 1 | UBS | 12.51% |
3 | 4 | JPMorgan | 12.30% |
4 | 3 | Citi | 8.68% |
5 | 8 | Credit Suisse | 6.20% |
Malaysia | |||
2022 | 2021 | Counterparty | Market Share % |
1 | 1 | Deutsche Bank | 61.77% |
2 | 2 | CIMB | 26.51% |
3 | 4 | Citi | 4.69% |
4 | 3 | HSBC | 3.91% |
5 | 5 | OCBC Bank | 1.56% |
New Zealand | |||
2022 | 2021 | Counterparty | Market Share % |
1 | 1 | Deutsche Bank | 63.33% |
2 | 2 | Barclays | 27.35% |
3 | 3 | Bank of America | 9.32% |
Philippines | |||
2022 | 2021 | Counterparty | Market Share % |
1 | 4 | BDO Unibank | 20.01% |
2 | 7 | Deutsche Bank | 12.69% |
3 | 8 | Metrobank | 9.23% |
4 | 5 | Chinabank | 8.96% |
5 | 6 | RCBC | 8.56% |
Singapore | |||
2022 | 2021 | Counterparty | Market Share % |
1 | 3 | Deutsche Bank | 30.63% |
2 | 4 | Bank of New York Mellon | 10.40% |
3 | 7 | XTX Markets | 8.75% |
4 | 2 | JPMorgan | 7.67% |
5 | 16 | Credit Suisse | 5.20% |
South Korea | |||
2022 | 2021 | Counterparty | Market Share % |
1 | 1 | State Street | 13.48% |
2 | 2 | Deutsche Bank | 9.69% |
3 | 8 | Bank of America | 6.89% |
4 | 3 | HSBC | 6.31% |
5 | 15 | Bank of China | 6.11% |
Taiwan | |||
2022 | 2021 | Counterparty | Market Share % |
1 | 9 | Standard Chartered | 28.88% |
2 | 1 | State Street | 19.80% |
3 | 6 | Citi | 13.15% |
4 | 10 | JPMorgan | 13.13% |
5 | 4 | Bank of New York Mellon | 6.71% |