Some of you must have seen this: https://www.marketwatch.com/story/t...s-in-the-entire-world-in-one-chart-2015-12-18
It's clear that the derivatives "money" are rather notionals. Like interest rate swap with a notional of $100MM, but the actual cashflows are orders of magnitude lower. One thing I wonder though.... take the stock market coze it's fairer and more straightforward, notional and value are the same. Who owns most of the money in stocks? Retail people or the banks? Because in this casino game with stocks, there must be a sucker. And with Goldman Sachs selling to JP Morgan and conversely I find it difficult to identify the sucker. But with Goldman Sachs, JP Morgan and some dude from Elite Trader, I think it's much clearer who's getting ripped