The global market in credit derivatives is expected to rise to $33 trillion by the end of 2008 according to a new report by the British Bankers' Association (BBA).
The report, based on a survey of market leaders in credit derivatives, predicts that London will remain one of the world's dominant centres for credit derivatives products with its annual trading volume estimated to be over $7 trillion by the end of 2006.
A copy of the executive summary is attached.
The full report is available, priced £99 for members (£120 for non-members) from the British Bankers' Association.
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