A short summary of the top stories in the world of derivatives from the preceding week.

How Big is OTC really? Part 2: OTC shrank 20% in H1 2013

Some of you may remember my post last year How Big is OTC Really? which aimed to puncture journalistic hype around such phrases as "the $600+ trillion global OTC derivatives market" when in fact we really have a "20+ trillion global OTC derivatives market". The OTC Space: How Big is OTC really? Part 2: OTC shrank 20% in H1 2013.

European Rules Are On Their Way

A number of pieces of European legislation are coming together that will impact how investment products are sold to retail clients and what information has to be provided at the point of sale.

• FT Adviser: European Rules Are On Their Way
• FT Adviser: EU Directive Revisions Reach Agreement.