Research and analysis using the BIS derivatives statistics

Publications featured on this page have been selected for their particular relevance to the BIS derivatives statistics. They include working papers, articles from BIS Quarterly Reviews and the latest statistical commentary.

Selected publications

Jun 2017 Central clearing makes further inroads
Summarises what the OTC derivatives statistics show about the importance of central clearing
Mar 2017 The bond benchmark continues to tip to swaps
Analyses the shift from government bond futures to interest rate swaps for hedging and positioning at the long end of the yield curve
Mar 2017  Comparison of BIS derivatives statistics
Describes the derivatives statistics collected by the BIS, highlights overlaps in coverage and analyses key differences in definitions
Dec 2016 Downsized FX markets: causes and implications
Identifies factors that contributed to a decline in spot trading in foreign exchange markets and a rise in FX derivatives trading
Dec 2016  The changing shape of interest rate derivatives markets
Analyses structural shifts in interest rate derivatives markets
Dec 2016  Emerging derivatives markets?
Examines the evolution of markets for derivatives referencing emerging market exchange rates and interest rates
Dec 2016  Non-deliverable forwards: impact of currency internationalisation and derivatives reform
Analyses developments in the market for non-deliverable forwards
Sep 2015  Revisions to BIS exchange-traded derivatives statistics
Introduces newly published data about interest rate and foreign exchange derivatives traded on exchanges
Dec 2013 The anatomy of the global FX market through the lens of the 2013 Triennial Survey
Explains the structural drivers and trends behind the growth of foreign exchange trading
Dec 2011 Enhanced BIS statistics on credit risk transfer
Analyses the risks transferred through credit default swaps by different groups of counterparties
Dec 2010 Counterparty risk and contract volumes in the credit default swap market
Reviews the growth and contraction of the credit default swap market
Dec 2010 A user's guide to the Triennial Central Bank Survey of foreign exchange market activity
Summarises what data are collected in the Triennial Survey and explains methodological issues that are important for interpreting these data
Sep 2009 Credit risk transfer statistics
Explores how to enhance statistics on credit risk transfer instruments
Jul 1996 Proposals for improving global derivatives market statistics
Establishes a framework for the regular collection of statistics on OTC derivatives markets