The notional value of outstanding derivatives rose to $610 trillion at end-June 2021, an increase that appeared mainly driven by seasonal factors. The gross market value of OTC derivatives, which provides a measure of amounts at risk, decreased by 20% to $12.6 trillion in H1 2021, close to its end-2019 level. Gross credit exposure dropped by 19% to $2.7 trillion over the same period. […]