The Bank for International Settlements' (BIS) latest study shows notional amounts outstanding for over-the-counter (OTC) derivatives increased by 135% to $516 trillion from June 2004 to June 2007.
This corresponds to an annualised compounded rate of growth of 33%. This is higher than the approximate 20% average annual rate of increase since positions in OTC derivatives were first surveyed by the BIS in 1995.
The organisation noted particularly rapid growth in the credit segment, where positions in
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