Do you think that derivatives market could explode as feared by David TICE and MONEYCHANGER ? http://188.8.131.52/cgi-local/shoptmc.pl/SID=031874365/page=0401tice.html MONEYCHANGER Derivatives. The Bank for International Settlements estimates that over $100 trillion dollars in derivatives hovers over the world financial system. To put that into perspective, itâs about 12 times the US GDP for a year. Could derivatives cause what Greenspan and policy makers call a "systemic collapse", i.e., a system-wide collapse? TICE I have that fear.