UK derivatives values grow on forex activity

The gross mark-to-market value of all derivatives contracts held by UK banks rebounded in the second quarter, ticking up for the first time since the first quarter of 2016. 

Bank of England data show total gross derivatives assets and liabilities at £4.9 trillion ($6.4 trillion) at the end of June, up from £4.7 trillion in the previous quarter – a 3% jump. 

The growth was driven by higher values for foreign exchange derivatives, which rose 33% quarter to quarter: to £1.5 trillion from £1.1

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a 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: