National Statistics Online - Articles - Financial Derivatives in the UK Sector Balance Sheets and Financial Accounts
Articles Database
Financial Derivatives in the UK Sector Balance Sheets and Financial Accounts
Although the availability and quality of data on financial derivatives has improved, a number of methodology and coverage issues remain outstanding.
This article re-assesses the area of derivatives statistics following expanded data availability. It examines a number of issues, both conceptual and practical, which will need to be resolved before the collective data on derivatives can be integrated into the UK accounts.
The current framework on derivatives in UK Statistical Inquiries was influenced by the need to restrict the reporting burden on enterprises, and so existing details of risk positions and transactions are not uniform across the economic sectors. The volatility of price and volume factors make it difficult to reconcile levels and flows data. As the derivatives markets have evolved (for example with the increased netting of interest-rate swaps through central clearing counterparties) it will be necessary to adapt or expand the statistical framework to keep abreast of market developments.
Download
