After being the first Chinese bank to stream spot CNH price during Asian time zone, ICBC (Asia) is now the first Chinese bank to initiate a 24 hour price streaming on information giant Thomson Reuters Corp (NYSE:TRI) platform FXall via Electronic Trading (ET). The move supports increasing demand from clients of ICBC (Asia) to price…
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Industrial and Commercial Bank of China Limited (ICBC) Singapore Branch has adopted business information giant Thomson Reuters Corp (NYSE:TRI)'s FX e-commerce solution Electronic Trading to strengthen its presence in the foreign exchange market. ICBC is the first Chinese bank to adopt this next generation solution from Thomson Reuters. Electronic Trading provides efficient market making capabilities and…
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Dubai Gold & Commodities Exchange (DGCX) has announced that Industrial and Commercial Bank of China Limited (ICBC) has joined as a Settlement Bank for Dubai Commodities Clearing Corporation (DCCC) - a wholly owned subsidiary of DGCX that acts as a central counterparty for all trades executed on the Exchange. With the addition of ICBC, DCCC…
Read moreHong Kong Securities Clearing Company Limited (HKSCC), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), has announced the appointment of Industrial and Commercial Bank of China (Asia) Limited (ICBC (Asia)) as a Settlement Bank. The appointment will take effect on Monday, 3 October 2016. Settlement Banks of HKSCC support money settlement in…
Read moreSingapore Exchange (SGX) and Industrial and Commercial Bank of China Limited (ICBC) have signed a memorandum of understanding (MOU) to collaborate on a range of areas that will enhance the links between Singapore and China’s capital markets. Under the MOU, SGX and ICBC will work together to promote Singapore’s capital markets and support Chinese companies looking…
Read moreThe Dubai Gold & Commodities Exchange (DGCX) today announced that it has inked a Memorandum of Understanding (MOU) with Industrial and Commercial Bank of China Limited (ICBC). The agreement paves way for both institutions to co-operate in the areas of product development and on the potential provision of banking services that are vital for supporting…
Read moreInternational operator of exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE) today announced a new addition to the list of participants in the ICE Benchmark Administration (IBA) gold auction. IBA has approved the Industrial and Commercial Bank of China (ICBC) to participate in the gold auction, which is used to determine the LBMA Gold Price,…
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