BIS Derivatives Survey Defines Volume Of OTC Marketplace
REGULATIONS
The global market for over-the-counter derivatives has been estimated at about $41 trillion by the Bank for International Settlements -- more than twice most previous assessments, according to a recently released survey of derivatives in 26 countries (FXW, January 30).
Officials say contracts involving single-currency interest rates accounted for 65 per cent of this total, contracts involving foreign exchange 32 per cent and those involving equity and commodity prices 1 per cent each. The survey
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