In December 2007, Listed credit derivatives stood at USD 548 trillion – to put that in context, The GDP of the entire world is USD 50 trillion. On top of the listed credit derivatives, there was also an OTC derivatives bubble which had a notional face value of USD 596 trillion.
Unknown — In December 2007, Listed credit derivatives stood at USD 548
In December 2007, Listed credit derivatives stood at USD 548 trillion – to put that in context, The GDP of the entire world is USD 50 trillion. On top of the listed credit derivatives, there was also an OTC derivatives…