Go to the Bank for International Settlements website at www.bis.org and find the most recent data on the amount of derivatives traded worldwide over the counter and on organized exchanges using the following steps. First, click on “Statistics,” “Derivatives,” and then on “OTC derivatives statistics.” Click on “D5.1 Foreign exchange, interest rate, equity linked contracts PDF.” Second, click on “Statistics,” “Derivatives,” and then on “Exchangetraded derivatives statistics.” Click on “D1 Exchange-traded futures and options by location of exchange PDF.”

This downloads a file onto your computer that contains the relevant data, in Tables 10–11 and 10–12.

Questions 1 By what percentage have these values changed since 2018 as reported in Tables 10–11 and 10–12?

2 What countries are currently the biggest traders of derivative securities?

AppendixLO1