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by srean
7 days ago
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Much bigger than non-derivative stock market for sure. "The derivatives market is, in a word, gigantic—often estimated at over $1 quadrillion". The stock market would be puny in comparison. This is quite well known so was quite surprised by your objection. https://www.investopedia.com/ask/answers/052715/how-big-deri... The derivatives market is much larger than the stock market, both in sheer trading volume and total face value. While global stock markets represent a total value of roughly \(\$120\) trillion, the estimated notional value of the global derivatives market easily exceeds \(\$500\) trillion to \(\$1\) quadrillion. https://share.google/aimode/EAEGnOouA5dvj9leC Derivative markets are necessary for price discovery but when they tower over in volume over the market whose prices it was supposed to discover it is serving a purpose that towers over its justified/motivating purpose. |
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