BIS: listed derivatives activity dropped in third quarter

Turnover of exchange-traded derivatives fell from June to September, with commodities the only exception, survey figures show.

Volumes of exchange-traded derivatives fell in most product categories in the third quarter of the year, according to figures released by the Bank for International Settlements (BIS).

The BIS noted in its latest quarterly survey that turnover was down 21% over the quarter to a notional $438 trillion – a drop in short-term interest rate derivatives volumes meant that interest rates overall fell 24% to $371 trillion, while equity was down 12% to $57 trillion and forex down 22% to $9 trillion. Open