ISDA said on September 24 that its mid-year survey had pegged total credit default swap contracts outstanding of $54.6 trillion, down from $62.2tr at the end of last year.

Trioptima, which helps dealers “tear up” trades that offset each other, said it had assisted in terminating $17.4tr in inter-dealer CDS contracts during the first half of 2008.

In its survey for December 2007, the Bank for International Settlements reported that CDS with total underlying exposure of $57.9tr had a gross market value of $2.0tr.

According to ISDA’s survey, interest rate derivatives outstanding increased 22% to $464.7tr in the six months to June, while equity derivatives outstanding grew 19% to $11.9tr over the same period.

• ISDA release
• BIS report 
• Markit metrics 
  
  
  

23 Sep 2008 -

Land grab

1 Aug 2008 -

Grand central

21 Jul 2008 -

Credit where it’s due