Uncleared Derivative Volumes Hold Steady
By Shanny Basar
May 28, 2019, Markets Media
The notional outstanding of uncleared interest rate derivatives was $105 (€94) trillion at the end last year, similar to 2016, according to derivatives analytics provider Clarus Financial Technology.
Chris Barnes said on the Clarus blog: “This has been remarkably stable since 2016, in a range of $98 – $114 trillion. Some readers may be thinking how is this possible? If we have clearing mandates across the major jurisdictions, who is still trading uncleared derivatives?”
