Better late than never

The International Swaps and Derivatives Association held a gala dinner in London in May to celebrate its 20th anniversary.

Highlight of the evening was meant to be a documentary about the achievements of Isda in helping to foster the growth of a global derivatives market.

But the show was stolen by the association’s CEO, Bob Pickel. It’s not everyone’s idea of a fun night out to share a room with 500 quants, which Pickel seemed to grasp in his opening remarks.