Registration Date: 11-26-2021
Date of Birth: January 1
Local Time: 11-29-2021 at 09:06 PM
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Bio: Products such as swaps, forward rate agreements, exotic alternatives and other exotic derivatives are generally traded in by doing this. The OTC derivative market is the biggest market for derivatives, and is largely uncontrolled with regard to disclosure of information between the parties, considering that the OTC market is made up of banks and other extremely advanced parties, such as hedge funds.

According to the Bank for International Settlements, who first surveyed OTC derivatives in 1995, reported that the "gross market price, which represent the cost of replacing all open agreements at the dominating market costs, ... increased by 74% because 2004, to $11 trillion at the end of June 2007 (BIS 2007:24)." Positions in the OTC derivatives market increased to $516 trillion at the end of June 2007, 135% greater than the level taped in 2004.
Sex: Male