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Credit derivatives still leading OTC growth

BIS releases derivatives figures

Credit derivatives continued to be the fastest-growing sector of the over-the-counter (OTC) market this year, despite an increasing number of early terminations.

The six months to June 31 saw a 46% increase in notional values of outstanding credit default swaps, to $20.3 trillion from $13.9 trillion, according to the Bank for International Settlements (BIS). This was despite increased activity by

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