Our Top Blogs of 2022

For our first blog this year, I wanted to highlight our top blogs of 2022 and share a few statistics. Top New Blogs in 2022 Starting with a list of the most popular new blogs that we published in 2022. The top 5 with > 12,000 views and a total of 25,000 views for the […]

Top Blogs of 2021

For our first blog this year, I wanted to highlight our top blogs of 2021 and share a few statistics. Top New Blogs in 2021 Starting with a list of the most popular new blogs that we published in 2021. The top four with > 2,000 views each and a total of 30,000 views for […]

Our Sale to ION

Following on from our announcement that ION acquires Clarus Financial Technology, I wanted to provide some color on the rationale for the deal and what it means going forward. The Rationale After almost a decade as an independent firm why did we decide to become part of ION Group and more specifically ION Markets? A […]

Our Top Blogs and Stats of 2020

For our last blog of the year, I wanted to highlight our top blogs and share a few statistics. Top New Blogs in 2020 Starting with a list of the most popular new blogs that we published in 2020. The top three with > 2,000 views each and a total of 30,000 views for the […]

YouTube: Markets and COVID-19

The presentation that I gave at the CFTC’s Market Risk Advisory Committee on July 21st is now available to view. The section on Derivatives Markets during COVID-19 is well worth a watch, covering content from ourselves, Bloomberg and Tradeweb. Have a click through to watch it all, and make sure to listen to the closing […]

Clarus at the CFTC

Clarus were invited along to the CFTC’s Market Risk Advisory Committee on July 21st, for which we are very thankful. It was a great session, and we hope provided an opportunity to highlight to all market participants how vital transparency was to the smooth functioning of markets during March 2020. We presented on “Rates OTC […]

Crises and Volatility – Trading Challenges

Over the course of my trading career I have had the ‘opportunity’ to be part of the trading process during market crises, both as a junior trader and as a manager of trading teams. My previous experiences were: 1987 equity crash; 1992 correlation unwinds; 2001 tech bubble burst; and 2008 global financial crisis The one […]

Mechanics of Central Bank FX Swap Lines

We detail the trades required to raise USD from a local central bank, using the Fed USD swap lines. We show that the cost of these USD is substantially below that implied from FX markets. The FX haircuts on non-USD collateral for these operations vary between central banks. The largest amounts outstanding in these USD […]

Clarus Top Blogs of 2019

For my last blog of the year, I will highlight our top blogs of the year. Top New Blogs in 2019 Starting with a ranking of the most popular new blogs that we published in 2019. Mechanics and Definitions of Carry in Swap markets €STR – What you need to know Ameribor – The $1.5bn […]