Measured by the amount outstanding,the largest type of derivative market in the world is the

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The largest derivative market in the world, measured by the amount outstanding, is the swap market. Swaps are contracts between two parties to exchange cash flows based on a underlying asset or benchmark, such as interest rates, currencies, or commodities. The notional value, or the amount of principal referenced in a swap, can be very large, leading to a high amount outstanding in the market. The other options - futures, forwards, and options markets - also have large volumes traded, but not as much outstanding in notional value as the swap market. The credit forward market is not a commonly recognized term in finance.

Measured by the Amount Outstanding,the Largest Type of Derivative Market