Derivatives market continues to contract, BIS says

11/13/2012 | International Financing Review (free content)

The market for over-the-counter derivatives shrank 1% in the first half of 2012 compared with the second half of 2011. It was the second straight half-year contraction, according to the Bank for International Settlements. Total notional value came in at $639 trillion, compared with $648 trillion at the end of 2011. The market peaked in June 2011, at $707 trillion.

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