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The foreign exchange and over-the-counter interest rate derivatives market in the United Kingdom

John Lowes () and Tsvetelina Nenova ()
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John Lowes: Bank of England

Bank of England Quarterly Bulletin, 2013, vol. 53, issue 4, 394-404

Abstract: In April this year, central banks and monetary authorities in 53 countries, including the United Kingdom, conducted national surveys of turnover in foreign exchange (FX) markets and in over-the-counter (OTC) interest rate derivatives markets. These surveys have taken place every three years since 1986 and measure turnover for the whole of April. They are co-ordinated on a global basis by the Bank for International Settlements (BIS), with the aim of obtaining comprehensive and internationally consistent information on the size and structure of the corresponding global markets.

Date: 2013
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