OTC Derivatives: Euro Exposures Rise and Central Clearing Advances

11 Pages Posted: 17 Dec 2019

See all articles by Sirio Aramonte

Sirio Aramonte

Bank for International Settlements (BIS)

Wenqian Huang

Bank for International Settlements

Date Written: December 8, 2019

Abstract

The composition of amounts outstanding in over-the-counter derivatives shifted towards the euro and cleared instruments. Since the Great Financial Crisis, increases in central clearing rates have helped shape growth in amounts outstanding. Derivatives subject to regulatory clearing mandates were approaching full clearing, while clearing rates were low for certain products, including some with short maturities or liquid bilateral markets.

JEL Classification: G10; G18; G23

Suggested Citation

Aramonte, Sirio and Huang, Wenqian, OTC Derivatives: Euro Exposures Rise and Central Clearing Advances (December 8, 2019). BIS Quarterly Review, December 2019, Available at SSRN: https://ssrn.com/abstract=3502892

Sirio Aramonte (Contact Author)

Bank for International Settlements (BIS) ( email )

Centralbahnplatz 2
Basel, Basel-Stadt 4002
Switzerland

Wenqian Huang

Bank for International Settlements ( email )

Centralbahnplatz 2
Basel, Basel-Stadt 4002
Switzerland

HOME PAGE: http://wenqianhuang.org

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