Podcasts

In this episode Chris Barnes discusses pre-hedging in swaps with Mark Bell. They explore a recent FICC Markets Standards Board (FMSB) paper that sheds light on this area, emphasizing its…

In today’s regulatory landscape, selecting the right technology is vital for ensuring compliance and operational efficiency. We’ll dive into the benefits and challenges of both options, covering aspects like customization,…

On this episode, Adrian Turton from ION’s Asset Management will share with us his take into the future of AI in finance and offer practical advice for asset managers adopting…

Mark Tirschwell, ION CIO, shares insights on how cloud platforms are helping treasuries improve cash visibility, automate processes, enhance risk management, and ensure regulatory compliance.

In the fast-paced world of corporate finance, artificial intelligence is emerging as a game-changer for treasury operations. From revolutionizing cash flow forecasting to enhancing risk management and automating routine tasks,…

On today’s episode Chris Barnes discusses the evolving landscape of Non-Deliverable Forward (NDF) markets, touching on the significant trends and challenges, including data reconciliation from the CFTC swaps report, the…

On today’s episode Chris Barnes discusses the significant movements in dollar rates, with August 2024 marking a record-breaking month—averaging $1.68 trillion in daily trading volume. Chris and Amir will delve…

In this episode Amir Khwaja discusses the quarterly disclosures from central counterparties (CCPs), highlighting key metrics like default resources, margin requirements, and liquidity. Amir will explore notable data points and…

As businesses navigate the complexities of global markets, effective liquidity management is more critical than ever. In this episode, we explore how companies manage cash flows, maintain liquidity, and leverage…

In this episode Chris Barnes discusses the volatility that gripped markets in August. He and Amir Khwaja explore the difference between volatile and stressed trading conditions, highlighting record-breaking volumes and…

We’ll learn how cutting-edge algorithms are slashing false positives, boosting operational efficiency, and providing unprecedented insights into trading patterns. Marco will help us understand the balance between ML-powered analysis and…

Eugene and Paul explore the latest trends and innovations in the foreign exchange (FX) markets. They discuss the integration of FX cash and futures platforms at CME, the development of…

Bruce and Stephen will explore how the market is changing with current Exchanges moving into new products and New Exchanges coming to the market. We’ll discuss the benefits to the…

This week Chris Barnes dives into the latest updates on the GBP swaps market, highlighting key developments such as record volumes in Sterling SONIA futures, the impact of the UK…

This week Chris discusses the latest insights into Risk-Free Rate (RFR) adoption in Q2 2024. He also dives into the shift from traditional IBOR benchmarks to risk-free rates, highlighting key…

This week Amir discusses the newly released Hedge Fund Monitor by the Office of Financial Research, a tool that brings clarity to the hedge fund sector through 84 detailed charts.…

This week Chris discusses swaption volumes and market trends in Q2 2024. He takes us through the latest data on swaption trading, focusing on the impact of recent market volatility…

This week Chris delves into the latest developments in the CAD swaps market. The discussion centers around the transition from CDOR to CORRA, the complexities and nuances of the Canadian…

Adam Volpe will explore how corporate treasuries can maximize their investment in a Treasury Management System by highlighting implementation best-practices and some common project pitfalls to avoid. Whether you’re in…

This week Amir discusses focuses on the second quarter of 2024 CCP volumes and market share in interest rate derivatives (IRD). Amir highlights significant trends, such as record-breaking volumes in…

With increasing Assets Under Management, the number of funds, and traded volumes, the ETF market in India is booming. Sandeep Sabnani and Anil Ghelani will share their perspectives on the…

In this episode Amir Khwaja discusses the first quarter 2024 CCP disclosures. Amir walks us through the vast data collected from 44 clearinghouses, highlighting key changes and potential areas of…

This week we have a special episode celebrating the 10th anniversary of Chris Barnes’ first blog on the Clarus blog. Instead of our usual market and regulatory updates, Chris shares…

In this episode, Chris Barnes discusses the health of the SOFR options market. Despite the transition from LIBOR, SOFR options have shown rapid development, nearly reaching the activity levels of…

In this episode, Chris Barnes leads an insightful discussion on JPY swap clearing and the reasons why dealers prefer the Japan Securities Clearing Corporation (JSCC). He also dives into the…

On today’s episode, Anne Marrero from ION Markets FX delves into the growing adoption of straight-through processing (STP) in foreign exchange transactions, examining its impact on efficiency, accuracy, and the…

In this episode, Chris Barnes highlights the intriguing trends in FX clearing, focusing on why March consistently sees record volumes. He explores the impact of uncleared margin rules, the surprising…

In this episode, Amir Khwaja will explore SOFR swaps SEF volumes for May 2024, examining key trends and insights in one of the largest products traded in the U.S. rates…

In this episode, Sourabh Verma from ION’s Treasury division will explore how do corporate treasuries navigate the hedge accounting landscape post IFRS9 and US GAAP ASC 815 roll out.

In this episode, Chris Barnes discusses provides an analysis of the complexities and unique market structures within the Australian dollar swaps market. Despite global trends toward simplifying interest rate indices,…

In this episode, Chris Barnes discusses the findings from the ISDA margin survey in his post “How Much Margin, The 2023 Edition?” Chris and Amir explore the evolution of uncleared…

In this episode, we dive into the changing landscape of retail trading in Europe. We’ll explore how regulators are suppressing complex instruments like CFDs, forcing brokers to adapt. This shift…

In this episode, Amir analyzes data from the SEC’s trade repository, highlighting the most active credit default swaps (CDS) for both sovereign and corporate names along with the fluctuating rankings…

On today’s episode we explore the world of regulatory compliance for non-bank financial intermediaries or (NBFIs) and buy-side firms. In an era of increased regulatory scrutiny, NBFIs are facing growing…

Eugene Markman from ION Markets and his special guest Colin Lambert from The Full FX will share highlights of the recently held FX conference in Copenhagen, The Full FX Scandinavia…

In this episode, Chris discusses a seemingly contradictory blog title, “All You Need to Know to Avoid the Trade Execution Requirement?” and clarifies that Clarus Financial Technology does not recommend…

In this episode, Chris Barnes discusses his recent blog post, “What’s New in Yen Swaps in 2024“. The blog post covers four key topics: The end of Yen TIBOR and…

In this episode, Amir discusses CCP (clearing counterparty) volumes and market share in the interest rate derivatives (IRD) market for the first quarter of 2024. Amir also delves into his…

In this episode, Amir Khwaja discusses his blog post “What’s New in CCP Disclosures 4Q 2023.” He and Chris delve into CCP disclosures, which reveal key metrics like initial margin…

In this episode, Chris discusses the €STR futures market share battle and the unexpected impact of the March IMM roll on open interest. Despite the timing challenge, the €STR futures…

In this episode, Chris Barnes dives deep into the world of Credit Support Annexes (CSAs) and their influence on derivatives portfolio valuation. Ever wondered why seemingly minor details like currency…

Adrian will delve into the key provisions of FSMA 2023, particularly those impacting areas like ESG data management and digital assets. We’ll discuss these critical developments and their implications for…

In this episode, Chris dives into the world of variation margin, an important topic in the derivatives industry. He discusses the challenges of intraday margin calls and the lack of…

In this episode, Amir dives into the world of SEF (Swap Execution Facility) volumes and market share. Amir and Chris share their key takeaways from a recent blog post on…

In this episode, Chris Barnes references the FT article that introduced us to “enshittification,” which has no doubt made the rounds of trading floors ever since. Chris will also discuss…

In this episode, Chris Barnes discusses key takeaways from his blog post “Dollar Rates Overview in 2024,” which analyzes 2023 data. The discussion highlights two main points: Euro swaps have surpassed…

Eugene Markman and Stephen Bruel will recap the recent TradeTech FX USA event in Miami with highlights, key themes and topics as well as discussing shared insights from interviews and…

In this episode, Amir returns to  the podcast to highlight a guest blog post featured on the ION Markets Blog. Swaps Compression reduces the volume of open trades in Swap and…

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%…

In this episode, Chris goes solo to highlight the UK rules for pre- and post-trade transparency that were largely inherited from MIFID II post-Brexit. He will explain to those who are not…

Clearing services firms face a challenging balancing act. For years, talent has been lured away by trading firms, hedge funds, and the sky-high tech salaries. Meanwhile, financial reforms and cost…

In this episode, Amir goes solo to discuss 2023 volumes and market share for OTC Derivatives in Interest Rates reported by Clearing Houses (CCPs). He will highlight how the Clarus…

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…

In this episode, Amir highlights the most popular blog posts of 2023 and shares a few statistics on their performance. Some highlights include the Top NEW Blogs in 2023, Top…

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

In this episode, Amir breaks down how to analyze datasets in new and novel ways by showcasing a new feature on the Clarus website called SDRView. SDRView has transaction level…

In this episode we’ll discuss how the move to self-service models enhances efficiency and convenience, but it also introduces a “knowledge gap” as firms lose the insights gained from customer…

In this episode, Chris talks about swaptions data and how the volumes have risen up to 40 percent higher than he has ever seen before. Chris and Amir will also…

In this week’s Quick Takes, Chris will be taking a new look at €STR Futures. He’ll discuss how RFR/€STR Adoption continues to be volatile in Europe, but €STR Futures have…

In this episode we’ll discuss not only how the FX market has undergone a transformative shift, but also Eugene will explain how market participants, in response, have diversified strategies, embraced…

In this week’s Quick Takes, Amir will discuss will look at the YTD 2023 data trends for Term SOFR and BSBY Volumes and separate Term SOFR (published by CME) from…

In this week’s Quick Takes, Chris will discuss using SACCR to monitor Counterparty Credit Risk. He’ll discuss the importance of closely monitoring Counterparty Credit Risk for all market participants and…

In this week’s Quick Takes, Amir will discuss Clarus CCPView daily volume and open interest data published by each CCP, which is filtered, normalized and aggregated to allow meaningful comparisons of volumes. He…

This week’s Quick Takes has Amir reviewing Credit Derivatives (CRD) and FX Derivatives (FXD) volumes and market share at Clearing Houses (CCPs) in 3Q 2023. CRD – Index, Single-name and…

In this week’s Quick Takes, Chris shares an overview of how Clarus data reveals the truth about SONIA derivatives liquidity GBP Rates derivatives volumes have recently recovered to nearly 90%…

This week’s Quick Takes has Amir discussing “ISDA SIMM – What changes in v2.6?” ISDA SIMM v2.6 is effective December 2, 2023 Updated with a full re-calibration and industry backtesting…

This week’s Quick Takes has Chris Barnes discussing “RFR Trading Is Now Back on Track – August 2023.“

This week’s Quick Takes has Amir discussing “Most Active Names in Credit and Equity Derivatives – August 2023” and Chris telling us more about how “Brexit continues to impact EUR…

This week’s Quick Takes has Amir discussing “What’s New in CCP Disclosures – 2Q23?” and Chris telling us more about “JPY TONA Futures: A Rising Star in the RFR Market.”…

Financial institutions play a critical role in ensuring market integrity and protecting investors by monitoring trading activities. They do this by employing powerful algorithms and machine learning techniques designed to…

Our guests today, Riccardo Bernini from ION’s LIST Professional Services, will help us understand how the Financial Services Industry is undergoing a major transformation due to the emergence of Artificial…

Since the financial crisis of 2008, the FCM market has undergone remarkable transformations, adapting to new regulations, market volatility, and advancements in technology. Our guests today will shed light on…

Environmental, social, and governance (ESG) guidelines help investors screen investment opportunities based on responsible corporate policies. On today’s episode, Steven Strange from ION Markets will explain how technology can play…

Our guest speaker, Bob Cioffi from ION’s Equities Division, will help us understand why cloud computing is a rapidly growing trend in the financial services. He’ll explain how cloud computing…

In this episode, our guest Joe Guerrero from the Foreign Exchange division at ION will be discussing the ISO 20022, a global messaging standard for financial transactions.

In this episode, we discuss post-trade improvements since COVID, and how the expansion of digital trade exposed significant technology shortcomings: from outdated infrastructure to fragmented risk systems and the challenge…

In this episode we take a deep dive at how Execution Management Systems, or EMS, are adapting to meet the evolving demands of their users, and we discuss EMS challenges…

In this episode, we discuss how technology has not only transformed the trading life cycle, but has also presented challenges for risk managers. With us to discuss the trading life…

In this episode, we discuss how the Standardized Approach for Counterparty Credit Risk, or SA-CCR, applies to over the counter derivatives (OTC), exchange-traded derivatives, and FX. Our guests are Amir…

On today’s episode, we’ll discuss a couple of modern challenges to traders, exchanges, and their software: centralized liquidity and fragmented APIs. We’ll explore not only why these challenges are arising,…

In this episode, we’ll take a closer look at how banks, firms, and brokers are leveraging technology to manage risk amidst the challenges of inflation, global conflict, and more. Joining…

In this episode, we’re following up on the CFTC round table that focused on the proposal by cryptocurrency exchange platform, FTX to bypass FCMs with a direct clearing model. It…

In this episode, we dive into the rapidly evolving world of Crypto currency and its effect on the financial markets, specifically derivatives. We discuss how crypto could affect the derivatives…