Growth in derivatives trading speeds up, says BIS

Trading on international derivatives exchanges has continued to pick up pace, according to the latest Bank for International Settlements (BIS) Quarterly Review, which was released today. The combined turnover in interest rate, equity and currency derivatives rose by a quarter between January and March 2006 to $429 trillion. However, the growth of credit default swaps (CDSs) trades slowed.

Trading in interest rate products grew by 26% in the first quarter amid expectations for higher interest rates in the US and Japan. Uncertainty over the timing of US interest rate rises caused a 38% increase in the trading of short-term US interest rates. Turnover in futures and options on 30-day federal funds doubled to $36 trillion in the first quarter, while open interest in these contracts rose 70% to $12 trillion.Elsewhere, the ending of the Bank of Japan’s quantitative easing policy in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here