OTC clearing rebounded at G-Sibs in 2021

Trend reverses as bilateral settlement of OTC derivatives loses previous year’s gains

Systemic dealers across Europe and North America cleared a growing proportion of over-the-counter derivatives in 2021, reversing the previous year’s tilt towards bilateral settlements.

Of the €379 trillion ($398 trillion) notional held collectively by global systemically important banks (G-Sibs) across Canada, the European Union, the UK and the US, 57% was cleared as of end-2021, versus 53% at end-2020 and 54% at end-2019.

  //

 

This equated to €216 trillion of trades routed through central

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

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