Episode 30: Quick Takes: What You Need to Know About INR Swaps

In this episode, Chris Barnes will briefly explain what you need to now about INR Swaps and how Clarus CCPView allows traders to compare the relative size of INR swap markets to other currencies.

Chris will also discuss:

How 2023 is already a record year in clearing with more than $2.4Trn equivalent transacted.
Why the clearing landscape is split between the CCIL Onshore market accounting for 33% of volumes, and LCH SwapClear representing the Offshore market with 67% of volumes.
Why SEF market is very concentrated across two SEFs – Tradeweb for D2C flow and BGC for dealers.

#ION #IONMarkets #ClarusFT #INRSwaps #CCPView #CCIL #LCHSwapClear

Amir Khwaja, CEO, Clarus Financial Technology

Amir is CEO of Clarus Financial Technology and has more than thirty years' experience in OTC Derivatives and Technology. His prior positions include Director of RiskMng and FE at Calypso Technology (2005-2012), CTO at SunGard Trading and Risk (2002-2005), CEO & Founder at Kronos Software (1998-2002). Amir started his career at Chase Manhattan (now JPM) as an IT graduate trainee in 1988, after a degree in Mechanical Engineering from Imperial College, London.

Chris Barnes, Senior Vice President, Clarus Financial Technology

Chris has over 19 years experience in OTC Derivatives markets. He started out trading Cross Currency Swaps at HSBC in London between 2002 and 2010, before helping to launch Rates Trading at State Street in London (2010-2012). Having relocated to Switzerland, he also served as the Director of Product Development at Gottex.

Chris holds an MA from the University of Cambridge in Natural Sciences, where his dissertation on artificial intelligence was published in 2001.

Links:

• CCP View