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OTC growth continues

The notional value of over-the-counter derivatives contracts grew by 20% to $169.7 trillion in the first half of the year, according to figures released by the Bank for International Settlements (BIS). There was growth in all risk and asset categories except gold.

In its twice-yearly report, the BIS highlighted the continued dominance of interest rate swaps – by far the largest single group of OTC products, with $95 trillion in notional amounts outstanding, or 56% of all mark

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