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OTC commodity values rose 56% In 1H ‘08

Posted on 14 November 2008

From Cattlenetwork.com: The value of commodity derivatives traded outside exchanges rose 56% in the first half of the year as the price of their underlying assets soared to new heights.

The Bank for International Settlements, a body that promotes cooperation among central banks, Thursday reported the value of over-the-counter commodity contracts outstanding in June 2008 was $13.23 trillion, up from $8.46 trillion in December 2007…… Full Article: Source


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