Since there are no updated figures for the derivatives market since june 2008 ie. since the markets and financial meltdown occured could'nt it be argued that the derivatives market shrank also ? and where would the argument take us in such case ?
I'll just add that since there are no updated figures, it's either because they don't want you to know (think of the Fed eliminating M3) or they just don't know themselves.
You'd reckon if the situation were improving, they'd be falling all over themselves to let us know that, but they're not. So I assume it's not.
ebear