Efforts by the industry and regulators to reduce risk has reversed a decline in the OTC derivatives market, according to new analysis.
The latest six-month update on industry data released by the International Swaps and Derivatives Association revealed a ‘significant’ increase in demand.
Its examination of the over-the-counter derivatives market, based on 30 June 2011 statistics, found the notional amount of derivatives outstanding had increased 18% from $416.7 trillion at year-end 2010 to $491.3 trillion at June...