“Fixed Income Markets – Striking a Balance”
The 10th FIMMDA PDAI Annual Conference was held at Kochi, Kerala from 6th to 8th March 2009, with an inaugural session inaugurated by Ms. Shayamala Gopinath, Dy. Governor Reserve Bank of India at Y.B. Chavan centre, Mumbai, on 3rd March 2009.
The conference was sponsored by the Clearing Corporation of India Ltd, Thomson Reuters, Bloomberg, Newswire18, Derivium Capital, Ticker Plant, Dow Jones, and City of London, with Cox & Kings as the Travel and Event Managers.
The panel discussions with panelists represented by senior officials from FIMMDA, SEBI, Juris Corp, Birla Sunlife AMC, CCIL, dwelt upon:
- The global developments in the financial markets, and how much of an impact they would have on India.
- Addressing the capital needs of India in the context of a changing and more restrictive international environment.
- Counterparty risk management in the context of continued volatility, slowing economy and the credit crunch.
The conference was well attended, with a total of 250 delegates including speakers and guests.
The inaugural address titled “Lessons for Financial Policymaking – Interpreting the Dilemmas” was delivered by Ms. Shyamala Gopinath, Deputy Governor of the Reserve Bank of India. This was followed by the three day conference at the Le Meridien, Kochi.
Introductory Remarks and Overview of FIMMDA’s activities by Mr. V. Srikanth (below), Chairman, FIMMDA
GLOBAL DEVELOPMENTS IN THE FINANCIAL MARKETS – HOW MUCH OF AN IMPACT ON INDIA?
Mr. Hitendra Dave (below), Head – Global Mkts India, HongKong & Shanghai Banking Corporation addressing the delegates on Key trends in international asset prices, market liquidity and risk.
Mr. Neeraj Gambhir (below), Managing Director, Nomura Securities Ltd on Expected changes in international regulatory and business environment for financial institutions.
Mr. Srinivasan Varadarajan (below), Managing Director, J.P Morgan Chase on Do current regulations in India anticipate some or most of these changes?
HOW DO WE ADDRESS CAPITAL NEEDS OF INDIA IN THE CONTEXT OF A CHANGING AND MORE RESTRICTIVE INTERNATIONAL ENVIRONMENT?
Mr. C.V. Rajendran (below), General Manager, Corporation Bank on Developing a deeper local market.
Mr. B.V Krishnan (below), Director – Fixed Income, Currencies & Commodities, Citibank on Learning’s from hedging practices over the last 12-18 months.
Mr. Manish Misra (below) – General Manager Global Markets Group ICICI Bank on How will counterparty risk management evolve?
CLOSING REMARKS & VOTE OF THANKS by Mr. C. E. S. Azariah (below), CEO, FIMMDA
Delegates at the CCIL Stall
Thomson Reuters Stall
NewsWire 18 stall
Derivium Capital stall
Delegates at the Dow Jones stall
Ms. Anita Nandi (centre), Representative of City of London (sponsor) with FIMMDA Director, Ms. Swati Desai & PDAI Chairman, Mr. Jayesh Mehta.
Ticker Plant stall