BIS: markets return to the new normal

The international financial markets are returning to a 'new normal', with activity stabilising at significantly lower levels than before the crisis, according to the latest quarterly survey from the Bank for International Settlements (BIS), published today.

The third quarter of 2009 saw total notional turnover of exchange-traded derivatives remain constant at $425 trillion; a slight fall in interest rate derivatives from $376 trillion to $368 trillion, linked to continued low and stable interest

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