COT Report This Week: Speculator Positioning in 21 Futures Markets
Who holds what in gold, oil, the equity-index E-minis, Treasuries, bitcoin and the major currencies, from the U.S. CFTC's weekly Commitments of Traders report. Each market has its own page with every trader group, a 3-year COT index, positioning extremes and its full stored weekly history. Latest report: positions as of Tuesday Oct 13, 2026, released Friday Oct 16, 2026. Next scheduled release: Friday Oct 23, 2026 at 3:30 p.m. ET.
CFTC Commitments of Traders report as of Oct 13, 2026
Biggest positioning shifts this report
- New Zealand Dollar (NZD): large speculators added to their net short by 17,655 contracts to 47,001, a move equal to 14.1% of open interest.
- Russell 2000 E-mini: large speculators cut their net short by 26,842 contracts to 61,003, a move equal to 6.0% of open interest.
- Australian Dollar (AUD): large speculators added to their net short by 18,711 contracts to 117,299, a move equal to 5.5% of open interest.
- Euro (EUR): large speculators added to their net short by 38,241 contracts to 137,573, a move equal to 4.4% of open interest.
- British Pound (GBP): large speculators added to their net short by 9,353 contracts to 106,964, a move equal to 3.5% of open interest.
At 3-year positioning extremes
- Euro (EUR): COT index 0, large speculators net short 137,573 contracts, near the bottom of its 3-year range.
- British Pound (GBP): COT index 0, large speculators net short 106,964 contracts, near the bottom of its 3-year range.
- Australian Dollar (AUD): COT index 0, large speculators net short 117,299 contracts, near the bottom of its 3-year range.
- Natural Gas: COT index 2, large speculators net short 233,578 contracts, near the bottom of its 3-year range.
- Nasdaq-100 E-mini: COT index 90, large speculators net long 48,523 contracts, near the top of its 3-year range.
Metals
Large speculators (Legacy non-commercial), contractsEnergy
Large speculators (Legacy non-commercial), contracts| Market | Net position | w/w | 4 weeks | % of OI | 3-yr COT index | Managed money / lev. funds net |
|---|---|---|---|---|---|---|
| Crude Oil (WTI) | +100,343 | +1,283 | -35,562 | +5.3% | 23 | +40,574 |
| Natural Gas | -233,578 | +2,861 | -11,991 | -13.4% | 2 | -126,481 |
Equity index futures
Large speculators (Legacy non-commercial), contracts| Market | Net position | w/w | 4 weeks | % of OI | 3-yr COT index | Managed money / lev. funds net |
|---|---|---|---|---|---|---|
| S&P 500 E-mini | -140,995 | +13,075 | -40,534 | -7.3% | 28 | -408,726 |
| Nasdaq-100 E-mini | +48,523 | -9,600 | +14,805 | +17.4% | 90 | -11,593 |
| Dow Jones E-mini | +8,136 | -1,355 | -6,767 | +9.0% | 74 | +2,809 |
| Russell 2000 E-mini | -61,003 | +26,842 | +11,347 | -13.7% | 28 | -91,647 |
US Treasuries
Large speculators (Legacy non-commercial), contracts| Market | Net position | w/w | 4 weeks | % of OI | 3-yr COT index | Managed money / lev. funds net |
|---|---|---|---|---|---|---|
| 10-Year Treasury Note | -988,102 | -91,621 | -166,866 | -17.0% | 19 | -2,205,937 |
Crypto futures
Large speculators (Legacy non-commercial), contracts| Market | Net position | w/w | 4 weeks | % of OI | 3-yr COT index | Managed money / lev. funds net |
|---|---|---|---|---|---|---|
| Bitcoin | +2,534 | -6 | +66 | +12.2% | 79 | -5,844 |
| Ether (Ethereum) | +2,407 | +130 | -748 | +9.4% | 58 | -6,283 |
Currencies & US dollar index
Large speculators (Legacy non-commercial), contracts| Market | Net position | w/w | 4 weeks | % of OI | 3-yr COT index | Managed money / lev. funds net |
|---|---|---|---|---|---|---|
| US Dollar Index (DXY) | +12,919 | +908 | +2,326 | +24.9% | 75 | +2,076 |
| Euro (EUR) | -137,573 | -38,241 | -110,580 | -15.7% | 0 | -68,001 |
| British Pound (GBP) | -106,964 | -9,353 | -48,249 | -39.8% | 0 | +10,313 |
| Japanese Yen (JPY) | +50,207 | -12,118 | -70,152 | +13.4% | 65 | -33,673 |
| Swiss Franc (CHF) | -22,078 | +1,662 | +6,910 | -16.1% | 60 | -14,941 |
| Canadian Dollar (CAD) | -94,765 | -4,602 | -57,188 | -25.1% | 44 | -88,112 |
| Australian Dollar (AUD) | -117,299 | -18,711 | -78,393 | -34.6% | 0 | +50,591 |
| New Zealand Dollar (NZD) | -47,001 | -17,655 | -57,519 | -37.6% | 19 | -11,619 |
| Mexican Peso (MXN) | +15,242 | +4,541 | -72,540 | +5.5% | 12 | +63,564 |
Which CFTC report each market uses
| Market | Contract | CFTC code | Headline groups | Trader-category detail |
|---|---|---|---|---|
| Gold | COMEX gold futures (100 troy oz) | 088691 | Legacy (futures only) | Disaggregated (futures only) |
| Silver | COMEX silver futures (5,000 troy oz) | 084691 | Legacy (futures only) | Disaggregated (futures only) |
| Copper | COMEX copper futures (25,000 lbs) | 085692 | Legacy (futures only) | Disaggregated (futures only) |
| Crude Oil (WTI) | NYMEX WTI light sweet crude oil futures (1,000 barrels) | 067651 | Legacy (futures only) | Disaggregated (futures only) |
| Natural Gas | NYMEX Henry Hub natural gas futures (10,000 MMBtu) | 023651 | Legacy (futures only) | Disaggregated (futures only) |
| S&P 500 E-mini | CME E-mini S&P 500 futures ($50 × index) | 13874A | Legacy (futures only) | Traders in Financial Futures (futures only) |
| Nasdaq-100 E-mini | CME E-mini Nasdaq-100 futures ($20 × index) | 209742 | Legacy (futures only) | Traders in Financial Futures (futures only) |
| Dow Jones E-mini | CBOT E-mini Dow futures ($5 × DJIA) | 124603 | Legacy (futures only) | Traders in Financial Futures (futures only) |
| Russell 2000 E-mini | CME E-mini Russell 2000 futures ($50 × index) | 239742 | Legacy (futures only) | Traders in Financial Futures (futures only) |
| 10-Year Treasury Note | CBOT 10-year U.S. Treasury note futures ($100,000 face value) | 043602 | Legacy (futures only) | Traders in Financial Futures (futures only) |
| Bitcoin | CME bitcoin futures (5 BTC) | 133741 | Legacy (futures only) | Traders in Financial Futures (futures only) |
| Ether (Ethereum) | CME ether futures (50 ETH) | 146021 | Legacy (futures only) | Traders in Financial Futures (futures only) |
| US Dollar Index (DXY) | ICE U.S. Dollar Index futures ($1,000 × index) | 098662 | Legacy (futures only) | Traders in Financial Futures (futures only) |
| Euro (EUR) | CME euro FX futures (EUR 125,000) | 099741 | Legacy (futures only) | Traders in Financial Futures (futures only) |
| British Pound (GBP) | CME British pound futures (GBP 62,500) | 096742 | Legacy (futures only) | Traders in Financial Futures (futures only) |
| Japanese Yen (JPY) | CME Japanese yen futures (JPY 12,500,000) | 097741 | Legacy (futures only) | Traders in Financial Futures (futures only) |
| Swiss Franc (CHF) | CME Swiss franc futures (CHF 125,000) | 092741 | Legacy (futures only) | Traders in Financial Futures (futures only) |
| Canadian Dollar (CAD) | CME Canadian dollar futures (CAD 100,000) | 090741 | Legacy (futures only) | Traders in Financial Futures (futures only) |
| Australian Dollar (AUD) | CME Australian dollar futures (AUD 100,000) | 232741 | Legacy (futures only) | Traders in Financial Futures (futures only) |
| New Zealand Dollar (NZD) | CME New Zealand dollar futures (NZD 100,000) | 112741 | Legacy (futures only) | Traders in Financial Futures (futures only) |
| Mexican Peso (MXN) | CME Mexican peso futures (MXN 500,000) | 095741 | Legacy (futures only) | Traders in Financial Futures (futures only) |
About this data
The Commitments of Traders reports are published by the U.S. Commodity Futures Trading Commission. AlphaScala reads them from the CFTC's public reporting API (Legacy dataset 6dca-aqww, Disaggregated 72hh-3qpy, Traders in Financial Futures gpe5-46if), stores each weekly report, and computes net positions, weekly and 4-week changes, and COT indexes from those rows. Figures are in contracts; net = long minus short.
The data describes what traders held each Tuesday. It is not a forecast or a recommendation. Currency positioning also has a side-by-side forex COT view; see the methodology for how AlphaScala sources data.
FAQ
When is the COT report released?
The CFTC collects positions as of the close of business on Tuesday and generally publishes them on Friday at 3:30 p.m. Eastern time. A federal holiday between the Tuesday and the Friday delays the release, typically to the following Monday (Veterans Day, Thanksgiving and Christmas weeks, for example), and the CFTC lists those dates on its release schedule in advance; a Monday holiday such as Columbus Day does not. Publication stops during a lapse in federal funding, with the missed reports released afterwards. AlphaScala checks for the new report on Friday evening and again on Monday (UTC).
Which COT report does AlphaScala use for each market?
Every market uses the CFTC's Legacy futures-only report for the headline split between commercials, large speculators (non-commercial) and small traders (non-reportable). Physical commodities (gold, silver, copper, crude oil and natural gas) add the Disaggregated report, which separates managed money, producers and merchants, and swap dealers. Financial futures (currencies, the dollar index, equity-index E-minis, the 10-year note, bitcoin and ether) add the Traders in Financial Futures report, which separates leveraged funds, asset managers and dealers.
Who counts as a large speculator in the COT report?
In the Legacy report, a reportable trader is classified as commercial in a commodity if it uses futures in that commodity for hedging as defined in CFTC Regulation 1.3. Traders generally get that classification by filing CFTC Form 40, and CFTC staff can reclassify them. Every other reportable trader is non-commercial, the group COT readers call large speculators. A trader can be commercial in one commodity and non-commercial in another, but not both in the same commodity.
What are non-reportable positions?
The CFTC sets a reporting level for each contract, and clearing members, futures commission merchants and foreign brokers report every trader at or above it. Non-reportable positions are what is left of open interest after subtracting all reportable positions, so the number of those traders and whether they are hedgers is unknown. They are usually read as small traders.
How is the COT index calculated?
COT index = (current net position − lowest net position in the lookback) ÷ (highest − lowest) × 100, using the weekly net position of large speculators (longs minus shorts; spreading positions are left out). 0 is the most net short, or least net long, of the lookback and 100 the most net long. AlphaScala shows 26-week, 52-week and 3-year versions, plus a percentile: the share of weeks in the window with a net position at or below the current one. Both describe positioning relative to its own history; neither is a forecast.