We can't have a stock market BK. Here is recent 10-Q data from
Citi and JPM. Just look -g- If stock market BKs, there will be
a hundred billion dollar mess in equity derivatives <g>
GOT RAPID GROWTH?
Fun fun fun. Now, it seems CITI is a bigger player in
Equity options than even JPM. Maybe, that's the reason
the equity markets are stumbling?
CITI equity options, written, notionals:
9/30/2007: 641,920,000,000
12/31/2006: 387,781,000,000
JPM derivatives, total, notionals
9/30/2007: 84,061,000,000,000
12/31/2006: 58,656,000,000,000
Citigroup derivatives, total, notional:
9/30/2007: 37,984,175,000,000
12/31/2006: 28,552,177,000,000
CREDIT DERIVATIVES (notionals, blowing up part)
JPM:
9/30/2007: 7,775,000,000,000
12/31/2006: 4,619,000,000,000
CITI:
9/30/2007: 3,534,927,000,000
12/31/2006: 1,944,980,000,000
EQUITY DERIVATIVES, Notional
JPM:
9/30/2007: 1,010,000,000,000
12/31/2006: 809,000,000,000
CITI:
9/30/2007: 1,427,586,000,000
12/31/2006: 884,354,000,000
Of that,
JPM: Not disclosed
CITI
Equity contracts (millions USD, notional):
2007; 2006
Swaps 159,733; 104,320
Futures and forwards 37,481; 36,362
Written options 641,920; 387,781
Purchased options 588,452; 355,891 |
