OTC client clearing service of the year: Barclays

Barclays has retained its leading market share in client clearing, despite the onset of mandatory clearing in the US and the entrance of new players. It also found time to score a few market firsts

John Stathis, Michael Yarian and Ray Kahn

In a business as young as client clearing, it’s impossible to call any firm a gnarled old veteran. But Barclays is perhaps as close as it comes. Having been signing client mandates since the earliest days of central clearing, it’s widely thought to have a bigger market share and cleared more volume than any other competitor. That experience has stood it in good stead, enabling it to score a number