OTC derivatives on the up
The report, released November 13, shows notional amounts in OTC forex derivatives in the period grew 12% from the end of last year to reach $63 trillion.
Gross market values, which measure the cost of replacing existing contracts and are therefore a gauge of market risk, rose 25% to $2.3 trillion within the same period.
Forex options experienced the highest growth - notional amounts were up 15%. Swaps followed closely, growing 14%. Although forwards accounted for about half of total notional
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