In this episode of Quick Takes Plus, host Chris Barnes discusses the evolution of the cross currency swaps market with special guest Brendan McVeigh, a senior advisor to LSEG and former head of Cross Currency at ICAP.They explore the origins of the market, its development over the years, and the impact of major financial events like the Global Financial Crisis.
Brendan shares insights from his early days at ICAP, the challenges of maintaining market screens during volatile times, and the future of cross currency swaps, including the role of standardization and swap agencies.