“The increase in interest rate derivatives outstanding reflects the need by market participants for risk management tools during a period of bond market and exchange rate volatility,” said Isda chief executive Robert Pickel. “At the same time, the continued strong growth in credit derivatives markets underscores the desire of firms around the world to manage their credit risk exposures more effectively,” he added.
Equity derivatives – including equity swaps, options and forwards, grew 14% to $2.78 trillion.
Isda surveys its primary membership – large dealers – for its data, which it then makes public on an aggregate basis.
The week on Risk.net, December 9–15 2017Receive this by email