Asia
Xenfin enlists Robson for international business development
Ben Robson is a former head of FX Asia-Pacific at MF Global
LCH adds five currencies to non-deliverable swaps offering
Expansion in response to customer demand in Asia and Latin America
Kuppe becomes adviser to 360T’s executive board
Mathew Kuppe has worked in various capacities at the trading platform since co-founding it in 2000
Refinitiv to keep Klibor contract with Bank Negara Malaysia
The firm will continue to administer the country’s interest rate benchmark
Wei Zhong Lim joins Nomura from State Street
The e-FX sales specialist continues to be based in Singapore
Fragmentation keeps yen flash crash cause murky, says RBA
But points finger at double whammy of low-volume Asia morning and algo trading
Bank of America names Su as co-Apac chief
Jin Su, co-head of Ficc for Asia-Pacific, is named alongside Jiro Seguchi as new co-presidents for the region
Yuan takes key international step on Myanmar move
Yuan and yen added as trade-settlement currencies, as dollar use falls
LMAX adds credit intermediation for spot FX trading
BNP Paribas and JP Morgan are working with the firm as credit intermediaries
IFRS 9 drives appetite for long-dated hedges in Asia
New accounting standard helps manage mark-to-market volatility of long-term trades
Gill to head Asia-Pacific G10 FX trading for Barclays, Singapore
UK bank’s second senior FX hire in as many months in the city-state
LMAX Exchange hires two in FX sales in Asia
Appointments come on the back of the platform’s strong growth in the region
Cross-currency swaps could hasten RFR shift in Australia
Adoption of new risk-free rate for both swap legs likely to turbo-charge wider benchmark change, say sources
Martin becomes head of Apac at State Street
Ian Martin moves up, CEO Wai-Kwong Seck steps down
OTCXN adds OSL as core liquidity provider
OSL is among the largest digital asset brokerage firms in Asia-Pacific
Malhotra returns to Barclays in Singapore
The e-FX specialist comes back to the UK bank after more than seven years at UBS
Fed’s room to hike spells trouble for EMs – Scotiabank
Central banks’ interest rate tightening will make it hard for emerging markets with large deficits
WM/Reuters Thai baht benchmarks to be sourced from Matching Clob
The baht benchmarks are now based on trade data rather than indicative rates
Best Banks Awards: ANZ
ANZ has been voted the winner of the Best Bank for Australian Dollar category at the 2018 FX Week Best Banks Awards
Johns swaps Nomura for Capula
William Johns worked at the Japanese bank for seven years
Avelacom opens Singapore office
The firm finds rising demand for low-latency connectivity in Asia-Pacific
BCS Global hires five senior analysts
Firm begins expanding analytical coverage to central Asia and Caucasus
Barclays hires two for Asian NDF trading team
Bengco and Parameswaran join the bank in Singapore
Law joins CLS in Hong Kong
Margaret Law joins from Northern Trust and reports to Joe Ziccarelli