South Korea's over-the-counter derivatives transactions hit a record high in the first half of this year,... mainly due to rising global economic uncertainties.
The Financial Supervisory Service said Wednesday that transactions topped six-point-nine trillion U.S. dollars during the January-to-June period,... up 14-point-8 percent on-year.
OTC derivatives have their transactions negotiated between two parties...rather than through an exchange.
Just comparing the numbers in the first half, it's the highest on record since related figures were compiled since 2003.
The agency said there was an increase in transactions of interest rate swaps...due to uncertainties over interest rates in Korea and abroad.
