Asia Pacific: RBS launches US dollar swap trading in Asia via Bloomberg

NEWS

The move represents a step towards providing an electronic offering to clients for interest rate derivatives (IRD) in the region.

The first trade was completed in Hong Kong with an Asian-based counterparty.

RBS has been trading US dollar swaps with a core group of Asian counterparties during European hours for several months.

The launch of this service enables RBS to provide a global US dollar IRD offering almost 24 hours a day, according to Michelle Neal, head of debt markets e-commerce at RBS

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