Global OTC (over the counter) Derivatives Volume

Notional amount of outstanding OTC Derivatives=$648 trillion Declined from June 2011 figure of=$707 trillion Major contributor is Interest Rate Contracts =$504 billion Interest Rate Contracts OTC Derivatives volume declined by=9% in a year Decline in Credit Default Swaps (CDS) OTCs= 12% Commodity linked, Equity linked and other OTC Derivatives outstanding decined=9%. Source: BIS ...