BIS: Forex OTC markets hold steady, despite regulatory uncertainty
Despite the challenges posed by regulatory uncertainty, the number of foreign exchange over-the-counter derivatives transactions has remained steady – rising by 1% to $67 trillion notional in the second half of 2012, according to a report by the Bank of International Settlements (BIS), published on May 8.
The report, which includes data from the end of June to the end of December last year, details OTC derivatives market activity across all asset classes. Foreign exchange fared better than other
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