Andreas Dombret: Global derivatives markets in transition Guest contribution by Dr Andreas Dombret, Member of the Executive Board of the Deutsche Bundesbank, published in the Börsen-Zeitung on 2 August 2013. *  *  *  The global derivatives markets are close to reaching a turning point.
In future, the vast majority of risks associated with over-the-counter (OTC) derivative contracts will be shifted from market participants to central counterparties (CCPs). The aim of this regulatory change in market structure is to use CCPs as a tool to limit and cushion risks in the derivatives markets.