Global OTC derivatives widely dispersed, Isda survey finds
Five largest US-based dealers hold 37% of total notional, trade association says
The five largest US-based dealers reported holding derivatives with a total notional value of $172.3 trillion, representing 37% of the market, according to the International Swaps & Derivatives Association (Isda) mid-year 2010 market survey.
The total notional amount outstanding of over-the-counter interest rate, credit and equity derivatives at June 30 was $466.8 trillion, Isda said, up from $463.9 trillion at the end of 2009.
"OTC derivatives are used globally and figures that focus only on
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