Outstanding OTC FX derivatives notional at all-time high – BIS
Clearing of FX contracts and gross market value of over-the-counter FX rises in H1 2018
Notional amounts of outstanding over-the-counter FX derivatives reached an all-time high of $96 trillion at the end of June – an increase of 10% since the end of 2017, a statistics report published by the Bank for International Settlements reveals.
The report attributes the surge in FX notional to activity in short-term instruments, much like OTC notional in other asset classes.
At the end of June, the outstanding notional value of OTC derivatives across all asset classes reached $595 trillion
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