Quick Takes: Cross Currency Swaps Review 2023

In this episode, Chris goes solo once again and shares some optimistic stats.

• Why there are more cross currency swaps traded in 2023 than ever before.
• How 2023 saw 15% more swaps trade than in 2022, which itself was a record year.
• Why trade counts have grown by at least 10% every year since 2018.

#ION #IONMarkets #ClarusFT #CrossCurrencySwaps #Optimism2024 #SDRViewVolumes

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.