BIS reports sixth consecutive quarter of derivatives growth


BASEL -- Aggregate turnover of exchange-traded derivatives was up for the sixth quarter in a row in Q4, 2001, according to the Bank for International Settlements’ (BIS) quarterly review released in March.

The review said the notional value of transactions rose to $163 million for Q4 -- up by 8% for the previous quarter.

"Trading in money market contracts, which had been exceptionally buoyant since the beginning of the year against a background of monetary policy easing and changes in risk ma