Derivatives Market

Derivatives Market

The market for derivatives is enormous representing an estimated $235 trillion in the United States and $707 trillion globally. The main types of derivatives in the United States are Interest rate swaps at $204.6 trillion, FX $26.5 trillion, Credit Default Swaps $15.2 trillion, Equity $1.6 trillion and Commodity $1.4 trillion.

While netting is 90.8% of the total exposure, the size of the positions are $78.1 trillion for J.P. Morgan, $56 trillion for Citibank, $53 trillion for Bank of America, $48 trillion for Goldman Sachs, and $1.79 trillion for Morgan Stanley.