OTC derivatives hit $730 trillion peak in H1 2024
Interest rate and FX derivatives drive notional spike
Notional amounts of over-the-counter derivatives climbed 9.4% to a record high of $729.8 trillion in the first half of 2024, data from the Bank for International Settlements shows.
The spike was driven by interest rate derivatives, with notionals rising 9.3% to $578.8 trillion, marking their highest level in a decade.
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