[Ernest_at_the_Beach]

See Table on page 10 of the PDF link at post #29...title

New developments in clearing and settlement arrangements for OTC derivatives
March 2007

The global OTC derivatives market1 (end-Jun 2006)

Gross market values

Grand total ( including credit default swaps - CDSs)

Total

In USD billions

10,074

[Ernest_at_the_Beach]

OK...I cobbled together the text at post #44...from the Graphic Table on page 10 of the report....and that 10 trillion...10,074 billion...seems much smaller than 700 trillion...