Volumes contract but new players could stir things up
Volumes contract but new players could stir things up
- 2010
- EuroProperty 5 July 2010, 8-9(2) .
The UK property derivatives market shrunk to £2.7bn in 2009, a fall of 61% year on year, contracting from £7.1bn in 2008. Supporters of this market point to new players ready to do deals and to the recovery of the underlying physical market. The UK is the centre of the global property derivatives market with no significant markets in the US, France or Germany.By mid-2010 the UK property derivatives market has reached a watershed where a transparent market with growth potential is inhibited by the structural realities of the physical property market. Graph compares turnover: derivatives v underlying UK property.
United Kingdom--
The UK property derivatives market shrunk to £2.7bn in 2009, a fall of 61% year on year, contracting from £7.1bn in 2008. Supporters of this market point to new players ready to do deals and to the recovery of the underlying physical market. The UK is the centre of the global property derivatives market with no significant markets in the US, France or Germany.By mid-2010 the UK property derivatives market has reached a watershed where a transparent market with growth potential is inhibited by the structural realities of the physical property market. Graph compares turnover: derivatives v underlying UK property.
United Kingdom--