While there's no way of knowing for sure, estimates of the face
value of all derivatives outstanding tops a quadrillion (1,000 trillion) dollars, or more than 14 times the entire world's annual GDP.
Not exact matches
Some 40 %
of the notional
value outstanding in over-the-counter
derivatives markets is already cleared, and a further 39 % could be cleared, according to a study by the TABB Group, a financial markets research firm.
The following table presents the net notional
value outstanding as
of December 31, 2007 and the related income statement net gain or loss for the year ended December 31, 2007 by fair
value technique
of all credit and other
derivatives within the Company's investment management services portfolio and corporate operations.