In this DerivSource podcast we examine if swap futures are failing to ignite interest among the buy side?
Despite existing exchanges honing their offerings and new platforms launching contracts, swap futures haven’t so far not captured the buy side’s imagination. The benefits of swap futures are well documented – the economic flexibility of a swap with the inexpensiveness of a future, but trading really remains a relative drop in the ocean in the big overall derivatives picture and they haven’t really made the dent predicted in the volumes of OTC contracts.
In this podcast, we speak to Lifan Zhang, principal at Catalyst in London, who explains the reasons for the lack of take-up and the catalysts that could help these products reach their full potential.