Trading on derivatives exchanges has continued to pick up pace, said the latest Bank for International Settlements (BIS) Quarterly Review, released in June. The combined turnover in interest rate, equity and currency derivatives rose by a quarter between January and March to $429 trillion. But the growth of trade in credit default swaps (CDSs) slowed.
Trading in interest rate products grew by 26% in the first quarter, amid expectations of higher interest rates in the US and Japan. Uncertainty