Last year, bank holding commodities derivatives soared to 9 trillion U.S. dollars – of the city – Financial Highlights – Sina Sina
Posted on Jun-03-2008· by china investor
— According to the International Financial Services London (IFSL) yesterday reported that due to decline in the supply of raw materials, low interest rates to stimulate investor demand last year, the bank holding the derivatives of goods soared 27 percent, reaching 9 trillion U.S. dollars. London International Financial Services Bureau yesterday released the report quoted the Bank for International Settlements data, last year in all the derivatives, commodity derivatives proportion rose to 1.5 percent, while 10 years ago this proportion was 0.5 percent, at the time for the nominal value of 400 billion U.S. dollars . 2005 Bank of commodity derivatives held by the value of 3.6 trillion U.S. dollars.
The agencies, senior economist Marco Masi La Ke Wei Qi said that the estimate should be the fastest-growing energy derivatives. (Huang Yu)
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