In the third part of this feature covering the German market, we look at the most recent data from the German Derivatives Association (DDV) which shows that the secondary market has 40 active issuers and a stable outstanding volume of €72.6bn as of September 2019 (September 2018: €72.4bn).
SRP caught up with Lars Brandau (pictured), managing director at the DDV, to talk about the trade body’s views and its forecast for the short-term. The German market continues to grow but at a lower pace than expected. What is your assessment of the market’s performance over the last few years? A closer look at the market volume shows that it went down in 2016 after the financial crisis. Since then, the statistics point to a slight uptrend, which could indicate a turning point. Alt
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