Data shows a rapid increase in the use of over-the-counter derivatives in the first half of 2022, the Bank for International Settlements has said.
Figures published on November 30 show a 47% increase in the gross market value of outstanding derivatives (summing positive and negative values) in the space of six months. The value rose from $12.4 trillion at the end of 2021 to $18.3 trillion by the end of June this year.
The BIS said there had been a surge in interest rate and commodities
