SuperDerivatives expands in Asia

HONG KONG - A Hong Kong-based tier III bank is set to go live with SuperDerivatives' (SD) trading and pricing platforms by June, signalling a trend by Asian dealers looking to capitalise on the retracement of global banks in the region.

"International investment banks were leading the derivatives market and were the first port of call, especially in exotics. With the international players scaling down in emerging markets, local banks are stepping in, and need the infrastructure to cope with the

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