The size and risk of OTC derivative bets is best captured by their gross market value, says the BIS.
The BIS says the best way to gauge the total volume of CDS exposures is by their gross market value, which was $294 billion last June.
As of June 2008, the notional value of all OTC derivative contracts outstanding exceeded $683 trillion $20.4 trillionn of gross market value), more than doubling over two years.
But the BIS reckons that gross market values provide a more accurate measure of the amounts that are actually at risk.
However, gross market values, which measure the cost of replacing all existing contracts, increased by 40%, to $27.3 trillion, the biggest increase since the second half of 2008.In this section Output, prices and jobs Trade, exchange rates, budget balances and interest rates The Economist commodity-price index Global OTC derivatives Markets Reprints.
The gross market values fell by 15% in the six months to December 2009, to $21.6 trillion.In this section Overview Output, prices and jobs The Economist commodity-price index Taxing wages Trade, exchange rates, budget balances and interest rates Markets Global OTC derivatives Reprints.
This might work, since three of the AMPTP's non-negotiable demands ("roadblocks") - distributor's gross, fair market value and, arguably, industry standards - relate to compensation, which is a subject of mandatory bargaining under the National Labor Relations Act, 29 U.S.C. §§ 158(a)(5) & (d).
The nation's gross domestic product, the market value of all goods and services produced, grew by 1.2percentt in the first quarter, according to a recent Commerce Department estimate.
First, a few words about how economists measure income: The most commonly used metric is gross domestic product, the annual market value of all final goods and services produced within a country.
By far the most visible official summary measure of individual economic well-being is per capita gross domestic product — the annual market value of a country's final goods and services divided by its population.
After all, AOL-Time Warner has a market value exceeding the gross national product of most countries Mr. Arafat deals with.
