The proposed regulatory overhaul of the multi-trillion-dollar derivatives industry is expected to vastly increase the amount of information available to regulators around the world and could increase the cost of trading and taking on positions.

Industry experts said the proposals unveiled by Tim Geithner, Treasury secretary, and other US officials could address some of the short-comings which left many of the excesses of the credit bubble undetected and allowed huge amounts of leverage to build up, in part through the use of derivatives.