Barclays 2013 Annual Report Download - page 303

Note 15: Derivative financial instruments continued
The fair values and notional amounts of derivative instruments held for trading are set out in the following table:
Derivatives held for trading
2013 2012
Notional
contract
amount
£m
Fair value Notional
contract
amount
£m
Fair value
Asset
£m
Liabilities
£m
Assets
£m
Liabilities
£m
Foreign exchange derivatives
Forward foreign exchange 2,482,144 25,504 (29,825) 2,421,109 25,670 (26,665)
Currency swaps 1,287,911 27, 13 8 (27,855) 1,277,523 28,007 (31,456)
OTC options bought and sold 815,742 6,858 (6,977) 604,777 5,581 (5,663)
OTC derivatives 4,585,797 59,500 (64,657) 4,303,409 59,258 (63,784)
Foreign exchange derivatives cleared by central counterparty 3,368 – – 9,139 41 (37)
Exchange traded futures and options – bought and sold 44,295 – – 111,189 – –
Foreign exchange derivatives 4,633,460 59,500 (64,657) 4,423,737 59,299 (63,821)
Interest rate derivatives
Interest rate swaps 7,497,699 164,532 (151,499) 6,676,588 264,838 (249,566)
Forward rate agreements 601,123 750 (719) 3,757,855 1,521 (1,483)
OTC options bought and sold 3,909,340 49,827 (50,087) 4,378,143 84,844 (85,517)
OTC derivatives 12,008,162 215,109 (202,305) 14,812,586 351,203 (336,566)
Interest rate derivatives cleared by central counterparty 21,377,621 1,069 (955) 17,103,792 172 (58)
Exchange traded futures and options – bought and sold 962,133 – – 1,079,453 6 (1)
Interest rate derivatives 34,347,916 216,178 (203,260) 32,995,831 351,381 (336,625)
Credit derivatives
OTC swaps 1,270,020 21,922 (21,633) 1,529,984 29,788 (29,198)
Credit derivatives cleared by central counterparty 306,164 1 (1) 238,196 9 (10)
Credit derivatives 1,576,184 21,923 (21,634) 1,768,180 29,797 (29,208)
Equity and stock index derivatives
OTC options bought and sold 76,145 7,880 (11,227) 88,317 6,133 (9,403)
Equity swaps and forwards 86,497 2,046 (3,455) 74,098 1,762 (2,420)
OTC derivatives 162,642 9,926 (14,682) 162,415 7,895 (11,823)
Exchange traded futures and options – bought and sold 332,438 3,423 (4,265) 347,965 3,092 (3,192)
Equity and stock index derivatives 495,080 13,349 (18,947) 510,380 10,987 (15,015)
Commodity derivatives
OTC options bought and sold 62,564 1,527 (1,369) 81,787 1,786 (1,987)
Commodity swaps and forwards 141,287 8,570 (8,813) 164,771 11,441 (12,315)
OTC derivatives 203,851 10,097 (10,182) 246,558 13,227 (14,302)
Exchange traded futures and options – bought and sold 237,872 543 (681) 248,428 666 (616)
Commodity derivatives 441,723 10,640 (10,863) 494,986 13,893 (14,918)
Derivative assets/(liabilities) held for trading 41,494,363 321,590 (319,361) 40,193,114 465,357 (459,587)
Total OTC derivatives held for trading 18,230,472 316,554 (313,459) 21,054,952 461,371 (455,673)
Total derivatives cleared by central counterparty held for trading 21,687,153 1,070 (956) 17,351,127 222 (105)
Total Exchange Traded derivatives held for trading 1,576,738 3,966 (4,946) 1,787,035 3,764 (3,809)
Derivative assets/(liabilities) held for trading 41,494,363 321,590 (319,361) 40,193,114 465,357 (459,587)
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