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Products such as swaps, forward rate contracts, unique alternatives and other exotic derivatives are generally sold by doing this. The OTC acquired market is the biggest market for derivatives, and is mostly uncontrolled with regard to disclosure of information between the parties, since the OTC market is comprised of banks and other highly advanced celebrations, such as hedge funds.
According to the Bank for International Settlements, who initially surveyed OTC derivatives in 1995, reported that the "gross market value, which represent the expense of changing all open contracts at the prevailing market rates, ... increased by 74% because 2004, to $11 trillion at the end of June 2007 (BIS 2007:24)." Positions in the OTC derivatives market increased to $516 trillion at the end of June 2007, 135% higher than the level recorded in 2004. https://sethuxgt562.shutterfly.com/57 |
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