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HSBC FXPB preps Asia push

HONG KONG - HSBC plans to extend FX prime services to the Asian markets as it looks to take advantage of rising demand for prime brokerage in the region.

BarCap hires new strategy head

NEW YORK – Barclays Capital (BarCap) has hired Jeff Young in a newly-created role of managing director and head of North America FX research, in New York, the bank said on Wednesday 6.

Dealers target hedging activity in the Philippines

MANILA – While authorities in the West increase derivatives regulation, the Bangko Sentral ng Pilipinas has liberalised rules governing both hedging and yield enhancement markets in the past few years. Despite the challenges of penetrating a market…

BAML live on CLS/Traiana by October

NEW YORK - Bank of America Merrill Lynch is due to go live on the CLS/Traiana joint venture trade-aggregation service by October, making it the last of the eight founding banks to begin processing through the service.

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