Asia

• Our take

Malaysia has triumphed in FX reforms – but what comes next?

Relinquishing currency controls will be a much harder task

• 19 Jun 2020

• Regulation

Jittery ringgit spurs options growth in Malaysia

Local corporates seek new hedging tools, but longer-term options liquidity lacking

• 18 Jun 2020

• Tech and data

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

• 05 Jun 2020

• Trading

USD/HKD carry trade shrugs off interventions

Rate differential drives Hong Kong currency higher despite HKMA’s efforts

• 02 Jun 2020

• Trading

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

• 26 May 2020

• Trading

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

• 29 Apr 2020

• Tech and data

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

• 07 Apr 2020

• Regulation

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

• 03 Apr 2020

• Tech and data

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

• 24 Mar 2020

• Regulation

India preps margin regime as parliament debates netting law

Lawmakers thrash out bill on close-out netting; margin rules likely to follow in H1

• 11 Mar 2020

• Infrastructure

Two more banks consider Singapore engines

Fight to be dominant regional FX hub continues

• 21 Feb 2020

• Tech and data

Asia keener to adopt mobile FX trading – BidFX

Fintech firm updates mobile app to offer more features; security concerns represent major development challenges

• 13 Feb 2020

• Trading

StanChart’s e-FX trading engine goes live in Singapore 

Trade latency has been cut by more than 80%, Standard Chartered says

• 23 Jan 2020

• Tech and data

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

• 20 Jan 2020

• Foreign Exchange

Accessing liquidity in emerging market currencies

HSBC explains the importance to global investors of accessing local expertise to mitigate FX market risk and execution costs.

• 13 Jan 2020

• Foreign Exchange

Bank of Thailand grapples with baht appreciation

Central bank relaxes FX regulations and cuts rates as baht hits six-year high

• 08 Jan 2020

• Currency forecasts

EM forecaster of 2019: City Index

CNY could hit 7.5 in H2 2020 as trade doubts linger and time runs out for Trump

• 03 Jan 2020

• Regulation

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

• 23 Dec 2019

• Foreign Exchange

Smarter trading in a fragmented world

FX Week recently hosted a webinar in partnership with Refinitiv to ask FX industry leaders to discuss geopolitical challenges, market changes and developments, and evolving technologies, and how they have shaped FX markets in Asia.

• 17 Dec 2019

• Technology

Citi: e-FX matching engine goes live in Singapore

The bank will expand the e-FX offering to more products after spot debut

• 17 Dec 2019

• Stress Testing

Banks step up stress-testing of Hong Kong dollar peg risk

Flurry of FX options trades make banks re-evaluate exposures

• 12 Dec 2019

• Awards

Weathering the storms of market turbulence

• 09 Dec 2019

• Awards

Asian currency trading gathers pace on EBS

Recent growth in Asian currency trading has been driven by new regional players entering the space. EBS explores how its trading platform has adapted to service this influx of traders – one factor that won it the best emerging market FX trading platform…

• 04 Nov 2019

• Trading

FXall bolsters frontier liquidity with new partnership

The alliance will extend liquidity to several currencies in Africa and Asia

• 24 Oct 2019