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% |
|
|
|
|