The launch of an automated process for cross-border trade settlement in renminbi is a reflection of the growing interest among importers and exporters to settle in the currency. Asia Risk asks how much...
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Saima Farooqi articles
Pilot comes at a time when news reports suggest a group of 10 banks plan to launch a bank-only FX trading platform
Turnover of exchange-traded derivatives fell from June to September, with commodities the only exception, survey figures show.
Proposed rules to limit leverage on margin FX trading accounts at retail forex brokers will have the unintended consequence of increasing counterparty risk, according to Josh Levy, managing director at Tactical Asset Management.
Mounting speculation about an imminent revaluation of the renminbi sparked a rise in volatility in early April, with renminbi non-deliverable forwards (NDFs) volatility reaching their highest rates since 2008. The three-month USD/CNY NDF fell to its...
CIBC announced the hires of Chris Eagle, Peter Snasdell and Helen Thomas to the foreign exchange business last Friday (February 12), in an internal memo. Eagle and Snasdell join as executive directors, on March 1 and late March, respectively. Both report...
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future