General Motors will assure the process for reporting dealer
sales will be accurate.
The positive and negative values are from the perspective of the reporting dealer
32 trillion in June 2008 with the reporting dealer
outstandings going from $33.
GM began an internal audit of its procedures for reporting dealer
deliveries in connection with the Cadillac Division's report of December 1998 after questions were raised about the accuracy of those numbers.
The largest category is reporting dealers
, reflecting the interdealer nature of the market.
He appealed for communities to help tackle the problems by reporting dealers
to the police.
A key component of the government securities market is the group of so-called primary reporting dealers
Gross Market Value represents an estimate of the total positive market value of contracts held by reporting dealers
plus the absolute value of contracts with negative market value with non-reporting counterparties.
The estimated worldwide turnover of reporting dealers
, at around $1.
The results of this survey, together with the list of reporting dealers
and explanatory notes, are available online at www.
Among firms responding to both the Year-End and Mid-Year Surveys for interest rate and currency derivatives, outstandings grew 16%; and among the top ten reporting dealers
, outstandings grew nearly 18%.
His 32 years of investment banking experience includes serving as Managing Director and Board Member of both Sanwa International Bank and Kidder, Peabody International Limited, Executive Director and Board Member of Citicorp Investment Bank, and Chairman of the Council of Reporting Dealers
, a self-regulatory association of the 113 market makers in international securities.