Meet the sharks, stroke the rays in hidden OTC ecosystem

Dealer Rankings 2023: Analysis of millions of trades reveals big fish – and small ones – in 10 derivatives instruments

Credit: Andreas Müller/Alamy Stock Photo

This article is part of our inaugural Dealer Rankings coverage. You can find analysis of the results by instrument and end-user here, analysis of the top 10 dealers here and a detailed methodology here.

Coral reef ecosystems are often understood in terms of trophics – the cascading tiers of producers and consumers that link plankton, algae and seaweed with sponges and fish, dolphins and sharks, in a spectacular, fragile system.

Imagine how much harder it would be to understand each of these tiers

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