Isda AGM: 94% of world's big corporates use derivatives

BEIJING - Ninety-four per cent of the world's largest corporates use derivatives to hedge their business and financial risks, according to a survey of the Fortune Global 500 companies by the International Swaps and Derivatives Association, released at its 24th annual general meeting in Beijing. The number is an improvement on Isda's previous survey in 2003, when 92% of the world's leading companies reported derivatives use.

Foreign exchange derivatives were the most popular type of contract

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