Asia
Deutsche Bank to launch e-FX pricing engine in Singapore
German bank’s move will increase number of liquidity providers with local pricing capacity to nine
USD/HKD carry trade shrugs off interventions
Rate differential drives Hong Kong currency higher despite HKMA’s efforts
BLTs and glitchy Wi-Fi: lockdown life for FX execs
With traders transacting trillions from their living rooms, currency markets are adapting to new normal
Banks trade first USD/CNY cross-currency swap versus SOFR
Risk-free rate sets new milestone with Crédit Agricole and Bank of China’s $10m trade
Singapore engine push yet to win over all LPs
JP became latest to improve local pricing capability on April 1, but other LPs are sceptical
Is there a dollar funding squeeze in China?
China could benefit from joining the Fed’s dollar swaps network but political obstacles bar the way
FX data shows hold, reject divide in G10 vs the rest
Use of analytics can help reduce last look and improve FX Code adherence, says EBS executive
India preps margin regime as parliament debates netting law
Lawmakers thrash out bill on close-out netting; margin rules likely to follow in H1
Two more banks consider Singapore engines
Fight to be dominant regional FX hub continues
Asia keener to adopt mobile FX trading – BidFX
Fintech firm updates mobile app to offer more features; security concerns represent major development challenges
StanChart’s e-FX trading engine goes live in Singapore
Trade latency has been cut by more than 80%, Standard Chartered says
Banks aim to reach more Asia FX clients with Symphony/WeChat app
Main benefit of Symphony on WeChat is ease of communication on a platform traders use regularly, says BNPP
Bank of Thailand grapples with baht appreciation
Central bank relaxes FX regulations and cuts rates as baht hits six-year high
EM forecaster of 2019: City Index
CNY could hit 7.5 in H2 2020 as trade doubts linger and time runs out for Trump
Asifma: Asian focus on smaller counterparties for IM rules
Initial margin regime, conduct principles and China's lifting of FX restrictions are focus of Asian trade body, says Ball
Citi: e-FX matching engine goes live in Singapore
The bank will expand the e-FX offering to more products after spot debut
Banks step up stress-testing of Hong Kong dollar peg risk
Flurry of FX options trades make banks re-evaluate exposures
FXall bolsters frontier liquidity with new partnership
The alliance will extend liquidity to several currencies in Africa and Asia
CEO Takabatake leaves Oanda Asia-Pacific
Three-year spell at FX broker comes to an end
Qureshi replaces McAuley as DBS Bank’s head of trading
Former head of GBP rates trading at SocGen joined the firm this month
Refinitiv to launch NDF matching and streaming next year
Matching and streaming of NDFs could create larger liquidity pool and boost their electronic trading
StanChart prime services to accept Chinese bonds as collateral
Inclusion will reduce collateral drag for PB clients ahead of stricter initial margin rules
More global custodians approved as FX settlement banks by China
But list of eligible Bond Connect entities incomplete and some global custodians unable to provide CNY funding
City Index: yuan likely to weaken as US-China trade war drags
China could depreciate its currency further if tensions escalate