New data sheds light on OTC trading that takes place outside of alternative trading systems
The director of the OSC's derivatives branch says the "work is almost done"
The BIS reported that notional amounts of OTC derivatives rose to $640 trillion at the end of June
A report says there's been limited implementation in the past year
For Canada, total turnover of FX transactions rose by 27.6% since 2016
Market value fell from US$10.3 trillion in June 2018 to $9.7 trillion at the end of the year
Reforms are achieving their goals of promoting central clearing
This increase was driven largely by U.S. dollar interest rate contracts
OTC proposals are “too far-reaching,” some groups argue
Global policymakers seek to further improve derivatives data reporting