BASEL, Switzerland -- Contrary to what some American customers of derivatives are finding, the Bank for International Settlements claims that the instruments are likely to improve the efficiency of underlying markets and, under normal circumstances, have a stabilizing influence on them.

In a report released Friday, a standing committee of the Group of Ten (G-10) countries said that the growth of derivatives markets is unlikely to materially affect the conduct of monetary policy.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.