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The Ontario Securities Commission (OSC) has published its 2024 Report on Canadian OTC Derivatives. This report aims to provide transparency and summarize key features of Canada’s over-the-counter (OTC) derivatives markets for investors and other market participants.
Some of the key highlights from the report include:
* For the first time in 2024, Canada’s OTC derivatives market surpassed the $100 trillion outstanding notional level.
* There has been a shift in interest rate derivatives towards risk-free rates and away from products linked to Interbank Offered Rates.
* Interest rate derivatives are the largest asset class by outstanding notional value.
* Foreign exchange derivatives are the largest by the number of outstanding positions.
The OSC emphasizes its commitment to continue making this data available to foster fair, efficient, and competitive capital markets and contribute to the stability of the financial system. The data for the report is primarily gathered from publicly available sources.

Video courtesy of First Bank of Nigeria

Video courtesy of First Bank of Nigeria