Intercontinental Exchange Announces First Five Contracts for ICE Futures Singapore and ICE Clear Singapore which, subject to regulatory approval from the Monetary Authority of Singapore, will be available from March 17, 2015
Read moreChinese authorities have thrown the gauntlet open by establishing an official yuan clearing hub in Sydney, giving increased hope to Western market participants wishing to do business in China
Read moreThe hub will foster far easier trade between the Canadian dollar and the Chinese yuan, bypassing the dollar payment system. It makes Canada the first country in the Americas to have a deal to trade in the renminbi.
Read moreThe life and times of a man on the move: Luis Sanchez details his colorful and successful rise to becoming one of the most prominent FX industry leaders worldwide
Read moreThe Hong Kong Monetary Authority (HKMA) announced today that it has designated seven banks as Primary Liquidity Providers (PLPs) for the offshore renminbi (CNH) market in Hong Kong. These designated PLPs have pledged to expand their market-making activities in Hong Kong for various CNH instruments, and use the Hong Kong platform in promoting their global…
Read moreThe China Post is reporting that DBS Bank China announced Tuesday that it has completed its first renminbi (RMB) to Singapore dollar (SGD) spot deal as an official RMB-SGD market maker. The deal is also the first RMB-SGD deal in mainland China's interbank market since the launch of direct RMB-SGD trading this Tuesday, the bank…
Read moreChina's state-owned and tightly controlled financial sector is showing further signs of courting the west as ex- FX Solutions Head of Dealing becomes Vice President of the Industrial and Commercial Bank of China in New York
Read moreUpgrade to HK1 data center in Hong Kong and adding additional backup HQoS (high quality of service) dedicated line between the HK1 data center and the NY4 data center will provide major improvement in BT's service quality...
Read moreChina and Russia's ever-strengthening trade partnership develops further as the sovereign currencies of the two nations become closer, and access to yuan and ruble liquidity from within both nations is advanced
Read morePBOC's governor Zhou Xiaochuan has stated to his international counterparts that the "increasing flexibility" of the country's exchange rate will be "further improved" along with market-oriented interest rate policy.
Read more