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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (109395)6/19/2001 8:16:38 PM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
Derivatives, anyone?

latimes.com

Driven by record debt issuance by corporate America, U.S. commercial banks saw an "eye-popping" rise in trading revenue and derivatives volume in the first quarter of 2001, the Office of the Comptroller of the Currency said Monday.
Bank trading revenue rose 45% to a record $3.98 billion, up from $2.74 billion in the fourth quarter of 2000, while the notional amount of derivatives in banks' portfolios, a good indication of market activity, jumped more than 8% to a record $43.9 trillion, up from $40.5 trillion.
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