After being blamed for exacerbating the financial crisis, the over-the-counter derivatives industry is arguing that modifications to post-crash rules can help to restore economic growth. The push comes with the arrival of a friendlier political environment in the wake of Donald Trump’s victory in the US presidential election.

The bankers, lawyers and technologists who gathered at the International Swaps and Derivatives Association’s 32nd annual general meeting in Lisbon this week were told to focus on the role the industry can play in helping companies to manage their risks, from exposure to interest rates to fluctuations in commodity markets.