The gross market value of OTC derivatives, summing contracts with positive and negative values, grew by 13% in the second half of 2022 to reach $20.7 trillion at year-end. Interest rate derivatives drove this increase amid higher inflation and rising rates. The gross market value of commodities derivatives fell by 45% in the second half of 2022, reflecting a drop in energy and food prices.
This information was gathered from the Bank for International Settlements
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