Bank for International Settlements announces modest increase in OTC derivatives

Figures released by the Bank for International Settlements (BIS) today show total notional amounts outstanding for over-the-counter derivatives increased modestly to reach $615 trillion at the end of 2009.

This is a 2% increase on the $605 trillion outstanding at the end of June 2009, which itself was a 10% increase on the $592 trillion recorded at the end of 2008. The figures show notional OTC derivatives outstanding trades have continued to climb as the markets recover from the economic crisis

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