OCC’s Report on Bank Trading and Derivatives Activities Q2-2009

Posted on September 28, 2009 by jck

The notional value of derivatives held by U.S. commercial banks increased $1.5 trillion in the first quarter, or 0.7%, to $203.5 trillion.
U.S. commercial banks reported revenues of $5.2 billion trading cash and derivative instruments in the second quarter of 2009, compared to a record $9.8 billion in the first quarter.
Net current credit exposure decreased 20% to $555 billion.
Derivative contracts remain concentrated in interest rate products, which comprise 85% of total derivative notional values. The notional value of credit derivative contracts decreased by 8% during the quarter to $13.4 trillion.

Report here
Related:
Banks Made $5.2 Billion in Derivatives Trading

This entry was posted in 1. Bookmark the permalink.

One Response to OCC’s Report on Bank Trading and Derivatives Activities Q2-2009

  1. Joe Hill says:
    September 28, 2009 at 9:54 pm

    Hello again jck!

    I am sure you are tired of my questioning, but I am currently gathering some data for my thesis regarding both quantitative easing and whether or not default risk is priced into US Treasury securities (my thesis advisor wants more data on both before proceeding). Anyway, I was wondering where I could find historical CDS prices for sovereign US debt and other countries in a zero-lower bound position. Do you know of anywhere that I could find this information without having to pay for it? Thanks a million in advance!
    -Joe Hill