Isda releases margin survey

The number of credit support agreements between parties trading over-the-counter derivatives has grown by 21% over the past year, from 109,733 to 133,193, according to the International Swaps and Derivatives Association's annual margin survey.

However, the estimated amount of collateral in circulation grew only slightly from last year, reaching $1.335 trillion, compared with $1.329 trillion in 2006. The survey also found that firms are using more collateral to cover counterparty credit exposures