Amir Khwaja


Amir Khwaja

Amir is CEO of Clarus Financial Technology and has more than twenty five 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.


Posts by amir:

  1. 16 Jan 2018, CCP Disclosures 3Q 2017 – What the Data Shows
  2. 10 Jan 2018, MIFID II – Why ISINs for OTC Derivatives are Bad for Transparency
  3. 03 Jan 2018, 2017 SEF Market Share Statistics
  4. 20 Dec 2017, Clarus Top Blogs of 2017
  5. 12 Dec 2017, Swaps Data Review: FX Options – candidate for a clearing mandate
  6. 06 Dec 2017, Nov 2017 Swaps Review in 16 Charts
  7. 29 Nov 2017, OCC Quarterly Report on Bank Derivatives Activities
  8. 20 Nov 2017, Swaps Data Review: CCP and SEF Volumes Growing
  9. 08 Nov 2017, SA-CCRカリキュレーター
  10. 25 Oct 2017, Sep 2017 Swaps Review in 16 Charts
  11. 18 Oct 2017, SA-CCR Calculator
  12. 16 Oct 2017, Swaps Data Review: Basis Swaps Galore
  13. 16 Oct 2017, 非クリアリング・デリバティブ取引のマージン
  14. 10 Oct 2017, CCP Disclosures 2Q 2017 – What the Data Shows
  15. 04 Oct 2017, MiFID II Bond Transparency Calculations
  16. 27 Sep 2017, Initial Margin Attribution
  17. 20 Sep 2017, Margin for Non-Cleared Derivatives
  18. 12 Sep 2017, MiFID II: Why Research is in the News
  19. 06 Sep 2017, Free Trials, Analytics, Data and More
  20. 04 Sep 2017, Swaps Data Review: Credit Derivative volumes
  21. 30 Aug 2017, FRTB Non-Modellable Risk Factor Analysis
  22. 23 Aug 2017, APRA – Margining for non-centrally cleared derivatives
  23. 16 Aug 2017, Capital and RWA for European Banks
  24. 08 Aug 2017, FRTB – Simplified Standardised Approach
  25. 02 Aug 2017, ISDA SIMM™ IN PYTHON
  26. 31 Jul 2017, Swaps Data Review: CCP and SEF Volumes
  27. 26 Jul 2017, CCP Disclosures 1Q 2017 – What the Data Shows
  28. 18 Jul 2017, June 2017 Swaps Review in 15 Charts
  29. 03 Jul 2017, Swaps Data Review: A Day in the Life of a Swap
  30. 21 Jun 2017, Capital Ratios and Risk Weighted Assets for Tier 1 US Banks
  31. 13 Jun 2017, EU Commission proposes more robust supervision of CCPs
  32. 13 Jun 2017, May 2017 Swaps Review
  33. 07 Jun 2017, Supplementary Leverage Ratio: Comparing US Banks
  34. 30 May 2017, Swaps Data Review: ADV for OTC Derivatives
  35. 24 May 2017, Microservices for Derivatives: What You Need to Know
  36. 15 May 2017, April 2017 Swaps Review
  37. 10 May 2017, CCP Disclosures 4Q 2016 – Trends in the Data
  38. 02 May 2017, Swaps Data: ETD vs OTC, USD IRS, OIS and NDF
  39. 01 May 2017, マイクロ・サービス: FRTB モデリング・リスク・ファクターズ
  40. 24 Apr 2017, March 2017 Swaps Review
  41. 23 Apr 2017, FRTB モデラブルとノン・モデラブルなリスク・ファクター
  42. 12 Apr 2017, LCH-Eurex Basis in EUR IR Swaps
  43. 11 Apr 2017, We are expanding in Asia
  44. 10 Apr 2017, Monthly Swap Data review: Libor dominance challenged
  45. 28 Mar 2017, Microservices: FRTB Modellable Risk Factors
  46. 15 Mar 2017, February 2017 Swaps Review
  47. 08 Mar 2017, Basel III Leverage Ratio
  48. 01 Mar 2017, Initial Margin Optimization
  49. 28 Feb 2017, Swaps Data: Volumes rise, CCP Switches Spike
  50. 22 Feb 2017, Capital requirements for exposures to CCPs
  51. 15 Feb 2017, January 2017 Swaps Review
  52. 08 Feb 2017, Canadian Derivatives Public Dissemination
  53. 01 Feb 2017, MIFID II: Transparency Data
  54. 25 Jan 2017, MIFID II: Instrument Reference Data
  55. 18 Jan 2017, CCP Disclosures 3Q 2016 – Trends in the Data
  56. 10 Jan 2017, 2016 SEF Market Share Statistics
  57. 04 Jan 2017, December 2016 Swaps Review
  58. 28 Dec 2016, Clarus Top Blogs of 2016
  59. 21 Dec 2016, SA-CCR: Standardised Approach Counterparty Credit Risk
  60. 13 Dec 2016, FRTB – Modellable Risk Factors and Non-Modellable
  61. 07 Dec 2016, November 2016 Swaps Review
  62. 30 Nov 2016, FRTB SA – Residual Risk AddOn
  63. 27 Nov 2016, FRTB ‐デフォルト・リスク・チャージ
  64. 21 Nov 2016, USD Swap Volumes after Nov 8, 2016
  65. 16 Nov 2016, Margin Buffer, Event Risk and the US Election
  66. 08 Nov 2016, October 2016 Swaps Review
  67. 07 Nov 2016, クリアード・スワップの証拠金に係るバッファーの見積もり
  68. 02 Nov 2016, FRTB – The Default Risk Charge
  69. 26 Oct 2016, Sizing the Margin Buffer for Cleared Swaps
  70. 19 Oct 2016, Microservices and the Amazon Cloud
  71. 12 Oct 2016, September 2016 Swaps Review
  72. 05 Oct 2016, CCP Disclosures 2Q 2016 – Trends in the Data
  73. 28 Sep 2016, Trading Obligation for Derivatives under MiFIR
  74. 21 Sep 2016, ISDA 2016: Implementing Margin Rules for Non-Cleared Swaps
  75. 13 Sep 2016, How large will Initial Margin be for Uncleared Swaps?
  76. 06 Sep 2016, August 2016 Swaps Review
  77. 30 Aug 2016, 非清算商品にかかる証拠金、ISDA SIMMとFRTB SA
  78. 23 Aug 2016, Uncleared Margin, ISDA SIMM and FRTB SA
  79. 08 Aug 2016, July 2016 Swaps Review – MXN Clearing and JPY SEF Compression
  80. 26 Jul 2016, CCP Initial Margin Models – A Comparison
  81. 20 Jul 2016, CCP Disclosures 1Q2016 – Trends in the Data
  82. 12 Jul 2016, June 2016 Swaps Review – Volumes Up 30 to 50%
  83. 05 Jul 2016, Higher Swap Margins after Brexit
  84. 28 Jun 2016, BREXIT – The Impact on Swap Margin
  85. 21 Jun 2016, FRTB – Internal Models or Standardised Approach?
  86. 13 Jun 2016, Fundamental Review of the Trading Book – What You Need to Know
  87. 08 Jun 2016, May 2016 Swaps Review – Volume Down, SEF Compression & AUD OIS Up
  88. 01 Jun 2016, USD OIS Swap Volumes Surge
  89. 24 May 2016, Margin Valuation Adjustment
  90. 18 May 2016, LSE and Deutsche Boerse: What the CCP Disclosures Show
  91. 09 May 2016, April 2016 Swaps Review – LCH-JSCC Basis, Swaptions, AUD OIS
  92. 04 May 2016, ESMA EU-Wide CCP Stress Test Results
  93. 25 Apr 2016, LCH-JSCC Basis: An Update
  94. 18 Apr 2016, LCH-JSCC Basis in JPY Swaps
  95. 18 Apr 2016, LCH-JSCCスプレッド
  96. 12 Apr 2016, CCP Skin in the Game: An Update
  97. 06 Apr 2016, March 2016 Swaps Review
  98. 23 Mar 2016, How Cash is Held by Clearing Houses
  99. 15 Mar 2016, Swaptions Clearing at CME
  100. 08 Mar 2016, US Swaps transparency has yielded numerous benefits
  101. 07 Mar 2016, Japanese version of Feb 2016 Swaps Review
  102. 02 Mar 2016, Feb 2016 Swaps Review – Compression Up, CME-LCH Basis Down, AUD OIS Up
  103. 24 Feb 2016, Comparing CCP Disclosures for CME, ICE, JSCC, LCH
  104. 16 Feb 2016, CPMI-IOSCO Public Disclosure by European CCPs
  105. 10 Feb 2016, MIFID II and Transparency for Bonds: What You Need to Know
  106. 02 Feb 2016, January 2016 Swaps Review – Gains and Losses
  107. 26 Jan 2016, 2015 SEF Market Share Statistics
  108. 12 Jan 2016, Review of 2015 US Swap Volumes in SDRs
  109. 06 Jan 2016, December 2015 Swaps Review
  110. 30 Dec 2015, Our Top Blog Articles of 2015
  111. 15 Dec 2015, Cap and Floor Option Volumes
  112. 15 Dec 2015, Cap Floor のボリューム
  113. 09 Dec 2015, CCP Basis Spreads: What Next?
  114. 02 Dec 2015, November 2015 Swaps Review – CME-LCH Basis Up, LCH Vols Up, SEF Compression Down
  115. 23 Nov 2015, Why the ISDA SIMM methodology is not what I expected
  116. 18 Nov 2015, CME-LCH Basis Spreads Blow Out
  117. 11 Nov 2015, What is the Impact of the ICAP and Tullet Deal?
  118. 03 Nov 2015, CME-LCH Basis Widens Again
  119. 28 Oct 2015, Final US Rules on Margin for Non-Cleared Swaps
  120. 21 Oct 2015, MiFID II and Best Execution for Derivatives
  121. 13 Oct 2015, September 2015 Review – More of the Same
  122. 06 Oct 2015, SEFS in Japan: First Month of ETP Volumes
  123. 05 Oct 2015, MiFID II and the Trading Obligation for Derivatives
  124. 29 Sep 2015, MIFID II and Transparency for Swaps: What You Need to Know
  125. 22 Sep 2015, Basis Swap Volumes
  126. 15 Sep 2015, FX Options Trading On SEFs
  127. 09 Sep 2015, TriOptima Compression at CME
  128. 02 Sep 2015, China’s Black Monday and Volatility of Swap Margin
  129. 24 Aug 2015, Post-Trade Transparency in CDS Index
  130. 17 Aug 2015, USD OIS Swap Volumes
  131. 11 Aug 2015, July 2015 Review – Spreadovers, Butterflys and LCH SwapClear
  132. 22 Jul 2015, Webinar on CME-LCH Basis
  133. 15 Jul 2015, CME-LCH Basis Swaps Volumes Update
  134. 30 Jun 2015, CME and LCH June 2015 Volumes
  135. 29 Jun 2015, CCP Default Management Process and the SwapClear Fire Drill
  136. 16 Jun 2015, LCH Makes Gains vs CME in USD IRS (8-12 Jun 2015)
  137. 10 Jun 2015, CME and LCH: What Happened on May 19 and Jun 2?
  138. 26 May 2015, Hedging the CME-LCH Basis
  139. 20 May 2015, CME-LCH Basis Spread
  140. 12 May 2015, Derivatives Trade Reporting in Australia
  141. 05 May 2015, April 2015 Review – Lower Volumes
  142. 28 Apr 2015, FX NDF Trading On SEFs: April 2015 Update
  143. 20 Apr 2015, Canadian Derivatives Reporting to SDRs
  144. 15 Apr 2015, SEFs in Japan
  145. 01 Apr 2015, SDR Alerts, Terminations and Screen Real Estate
  146. 24 Mar 2015, Compression List Trading On SEFs
  147. 11 Mar 2015, Trade Surveillance in Swaps Trading
  148. 25 Feb 2015, Can SPAN Margin for Futures be higher than HistSim Margin?
  149. 24 Feb 2015, Our Response to the ESMA Consultation
  150. 18 Feb 2015, Inflation Swaps: What the Data Shows
  151. 09 Feb 2015, Portfolio Cross-Margining of Swaps and Futures
  152. 04 Feb 2015, January Volumes in Swaps, Compression To the Fore
  153. 28 Jan 2015, Swaption Volumes in 2014
  154. 21 Jan 2015, Our Top 10 Blogs of 2014
  155. 13 Jan 2015, A Review of 2014 US Swap Volumes
  156. 23 Dec 2014, MXN Interest Rate Swaps
  157. 08 Dec 2014, November Volumes in Interest Rate Swaps
  158. 02 Dec 2014, IR Swap Prices on Reuters, Bloomberg and SDR
  159. 24 Nov 2014, EUR IR Swaps: Huge Spikes in Volumes
  160. 12 Nov 2014, Price Making in Swaps and Sharpening your Axe
  161. 03 Nov 2014, October Volumes in Interest Rate Swaps
  162. 29 Oct 2014, Stress Testing of Initial Margin and Procyclicality post Oct 15th
  163. 21 Oct 2014, Record Volumes On SEFs in September and October
  164. 15 Oct 2014, Why a Margin Forecast is important
  165. 29 Sep 2014, OTC Derivatives Reporting in Japan
  166. 22 Sep 2014, USD MAC Swaps: How Large is the market?
  167. 16 Sep 2014, Forward IRSwaps and Initial Margin
  168. 10 Sep 2014, USD MAC Swaps: A Closer Look
  169. 04 Sep 2014, CME IRS Margin Model Change
  170. 26 Aug 2014, CDSIndex Volumes: A Year to Date Review
  171. 05 Aug 2014, Swaps Compression: Clearing Fees and Margin
  172. 22 Jul 2014, Swaps Compression and Compaction on trueEX and Tradeweb SEFs
  173. 15 Jul 2014, A Six Month Review of Swap volumes
  174. 08 Jul 2014, Oracle $10b Bond Issue, Looking for the Swaps
  175. 30 Jun 2014, LCH-CME Switch Trades and Margin Management
  176. 24 Jun 2014, Why are there so many fintech startups in payments?
  177. 16 Jun 2014, Swap Curve and Butterfly Package trades on Bloomberg SEF
  178. 10 Jun 2014, Interest Rate Swap Prices, D2D vs D2C, is there a difference?
  179. 03 Jun 2014, Interest Rate Swaps, Spot vs Forwards, which is the greater?
  180. 27 May 2014, SEF Package Exemptions, So Far So Good
  181. 20 May 2014, Tick Data for Swaps: What is now available?
  182. 13 May 2014, Bloomberg SDR and SEF: What can we now see?
  183. 12 May 2014, Bloomberg SDR is now live
  184. 07 May 2014, SEF Packages, Swap Curve trades, do we need a new zero?
  185. 05 May 2014, EMIR and CFTC SDR Cross Currency Swap Volumes
  186. 28 Apr 2014, EMIR Trade Reporting and Public Data: What is the Point?
  187. 15 Apr 2014, SEF MAT Week8, USD IRS and EUR IRS
  188. 02 Apr 2014, SEF MAT Week6, USD IRS, Massive Volume in Forwards
  189. 26 Mar 2014, SEF MAT Week 5, USD IRS SEF Vols hit record high and a new leader
  190. 19 Mar 2014, SEF MAT Week 4, IRS Volumes and Spot, Spread, Fwd, MAC
  191. 11 Mar 2014, SEF MAT Week 3, IRS Volumes Up and Up
  192. 05 Mar 2014, CDSIndex On SEF Volumes after MAT
  193. 03 Mar 2014, SDRFix, An Update: On SEF & Cross Currency Swaps
  194. 24 Feb 2014, SEF MAT Week One, What does the data show?
  195. 19 Feb 2014, SEF MAT Feb18 Day2, What does the data show?
  196. 18 Feb 2014, SEF MAT Feb17, What does the SDR data show?
  197. 11 Feb 2014, FX NDFs on SEFs: A more detailed look
  198. 04 Feb 2014, Intra-Day Swap Prices – What Can We See?
  199. 27 Jan 2014, CDSIndex trading on SEF Platforms
  200. 15 Jan 2014, Swaptions trading on SEF platforms
  201. 14 Jan 2014, JSCC and Clearing of Yen Interest Rate Swaps
  202. 07 Jan 2014, FX NDF Trading On SEFs
  203. 16 Dec 2013, 2013, The Year The Swap Market Changed
  204. 12 Dec 2013, Compression, SDR and TrueEx SEF
  205. 10 Dec 2013, Cancel and Replace transactions in SDRView
  206. 04 Dec 2013, Software vendor brings transparency to complex swaps data
  207. 03 Dec 2013, Mexican Peso Interest Rate Swaps
  208. 25 Nov 2013, Swaptions Clearing, A More Detailed Look
  209. 11 Nov 2013, Push, Ping and Charm
  210. 28 Oct 2013, SDRFix, what do we mean when we say transparent?
  211. 22 Oct 2013, Cross Currency Swap trades in Swap Data Repositories
  212. 11 Oct 2013, USD Swap Prices on SEF platforms
  213. 09 Oct 2013, SEF, Oct 2, What happened to EUR IRS trading?
  214. 03 Oct 2013, SEF, Oct 2, What does the SDR data show?
  215. 01 Oct 2013, Client Clearing of IRSwaps, CME and LCH
  216. 25 Sep 2013, SDRFIX, a progress report two weeks after launch
  217. 16 Sep 2013, Mandatory Clearing, Sep 9, a whimper not a bang?
  218. 11 Sep 2013, SDRFIX, a new index for a post-reform world
  219. 04 Sep 2013, Real-time reporting of Swap transactions
  220. 14 Aug 2013, Think Global, Act Local
  221. 13 Aug 2013, SDR View, Capped Notional Changes
  222. 07 Aug 2013, ISDAFIX, Looking for Evidence of Price-manipulation
  223. 01 Aug 2013, SDR, Block Trade Rule, 30 July Update
  224. 15 Jul 2013, USD IRSwap Client Clearing, CME or LCH?
  225. 08 Jul 2013, Swaptions Clearing, why is it important?
  226. 25 Jun 2013, Mandatory Clearing, June 10, Week Two and CME or LCH?
  227. 21 Jun 2013, Swap Data Repository, Block Trade Rule, the Bad News
  228. 17 Jun 2013, Mandatory Clearing, June 10, Week One and YTD
  229. 17 Jun 2013, Competition | June 10 Prediction | The Results
  230. 13 Jun 2013, Mandatory Clearing, June 10, Day 3, Cleared Volumes Rise
  231. 12 Jun 2013, Mandatory Clearing, June 10, the first two days
  232. 11 Jun 2013, Value at Risk, what you should know, overview and detail
  233. 05 Jun 2013, Cleared CDS Index volumes rising ahead of June 10 date
  234. 03 Jun 2013, Mandatory Clearing: Predictions and the Wisdom of Crowds
  235. 27 May 2013, LCH Swapclear Margin, the need for change and the impact
  236. 22 May 2013, Win a Nexus 7, Kindle Fire or Apple iPad mini
  237. 21 May 2013, The Lean StartUp and LinkedIn
  238. 02 May 2013, markit Financial Markets Reform Conference – The Highlights
  239. 25 Apr 2013, Cleared Swap prices versus Bi-lateral Swap prices
  240. 22 Apr 2013, Oracle Cloud Seminar
  241. 09 Apr 2013, OTC Central Clearing: One Month In, What does the Data Show?
  242. 05 Apr 2013, Is a Chart worth a hundred words or more?
  243. 25 Mar 2013, Swaps, actual traded prices and size
  244. 13 Mar 2013, Mandatory clearing, is it really happening?
  245. 01 Mar 2013, Shining a light on derivatives
  246. 12 Feb 2013, Central Counterparty Clearing Workshop
  247. 06 Feb 2013, Business cards, Libor-rigging and Self-Interest
  248. 29 Jan 2013, Accounting with Kashflow
  249. 16 Nov 2012, OTC Derivatives for Fund Management Conference
  250. 22 Sep 2012, CCP Initial Margin for Interest Rate Swaps
  251. 11 Jul 2012, Angel Investing in London – CityMeetsTech