12 min
Episode 32: Quick Takes: What is the latest European plan to onshore rates trading? Markets ConversatION
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- Business
In this episode, Chris delves into the factors influencing the European initiative to bring rates trading onshore. He'll discuss key points, including:
Noteworthy surges in volumes for both €STR and EURIBOR futures at Eurex.
Ongoing momentum in €STR futures at ICE, propelled by their incentive program, resulting in a substantial 27% market share.
CME maintaining the majority of Open Interest in €STR futures.
The ongoing development of the precise criteria for an Active Account in Europe.
HASHTAGS
ION #IONMarkets #ClarusFT #OnshoreRatesTrading #€STR #EURIBOR
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.
In this episode, Chris delves into the factors influencing the European initiative to bring rates trading onshore. He'll discuss key points, including:
Noteworthy surges in volumes for both €STR and EURIBOR futures at Eurex.
Ongoing momentum in €STR futures at ICE, propelled by their incentive program, resulting in a substantial 27% market share.
CME maintaining the majority of Open Interest in €STR futures.
The ongoing development of the precise criteria for an Active Account in Europe.
HASHTAGS
ION #IONMarkets #ClarusFT #OnshoreRatesTrading #€STR #EURIBOR
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.
12 min