Viren Vaghela
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Articles by Viren Vaghela
Lenovo turns to dim sum market to reduce forex hedging costs
Rising cost of CNY forwards and tighter regulation encourage renminbi funding
US dollar/yen basis blows out to –100 on negative rates
Bank of Japan policy adds to domestic banks’ dollar funding dilemma
Autocallable issuers avoid pain despite HSCEI collapse
Dealers say Korean autocall pain subdued as volatility stays low
Japan’s Quick takes on MarkitWire with domestic affirmation service
Japanese language service targets domestic regional banks
Fears leveraged ETFs could amplify Japan equity swings
Huge inflows giving ETF sector outsized impact on cash markets
Slow start to US dollar rates clearing in Japan
Dealers cite limited demand to clear foreign currency interest rate swaps at JSCC
HSCEI autocallable hedging hitting forex market, say dealers
Dealers flock to Hong Kong dollar options and forwards markets amid depeg fears
Sliding HSCEI threatens fresh autocallable losses
Banks nervy as index approaches key options barrier
Singapore rates benchmark error causes CCP split
Refixing in March led to price difference between LCH and SGX
NAB pushed into clearing role by Clydesdale spin-off
Both parties felt it might be difficult for the UK bank to find a clearing provider alone
Dealers warn of hit to Asia from short margin transfer times
Japanese firms and Isda call for T+3 for cross-border uncleared swap trades
Basel Committee 'will move' to more sensitive leverage ratio
Regulators want to switch CEM for SA-CCR, conference told
For a few dollars more: Japan banks tackle dollar/yen basis jump
Soaring cross-currency swap prices force dollar funding rethink
Omnibus accounts in favour despite higher capital charges
Operational complexity in Europe and low volumes in Asia are deterring buy-side clearers from ISAs
HKEx waits for regulator to approve cross-currency swaps clearing
Race to be the first CCP to launch the clearing "killer app" continues
Dollar/yen basis blows out as leverage ratio bites US banks
Basis at its widest since European banks faced a global dollar funding squeeze in 2012
Tokyo Financial Exchange to enter margin utility business
Bourse becomes latest firm to offer services to meet uncleared margin rules
Video: Financial system more interconnected than in 2008 – DTCC
A reduction in the number of settlement banks has increased interconnectedness risk
Only 4% of Japan swaps have traded electronically
ETP volumes are low despite mandate and participants are worried about regulation's future scope
Korean crunch: how HSCEI fall hammered exotics desks
Dealers lose over $300 million in scramble to hedge autocallables
JFSA calls for substituted compliance on uncleared margin rules
Deputy commissioner Shirakawa says remaining differences make this more important
CFTC's Giancarlo blames dwindling liquidity on bank regulators
Insolvency risk has been transformed to liquidity risk, says CFTC commissioner
Repeat of Asian crisis ‘unlikely’, say Singapore bank chiefs
Policy-makers responding more proactively to risks than in 1997
Korea Securities Depository aims to be industry-owned utility
KSD lost the tender to be the domestic TR but will operate the LEI process