Articles by Alex Davis
Basel III likely to create further consolidation in Kazakh banking sector
The Kazakhstan central bank's intention to begin implementing Basel III from 2015 is likely to speed up the banking sector's current consolidation phase
Oil majors step up commodity derivatives market making in Asia as banks cut back
Handicapped by tighter regulations, banks have ceded derivative market-making share to oil majors such as BP and Shell
China metal repo business included in Deutsche Bank commodity cuts
Former commodity heavyweight has also closed its successful metals financing business as part of global restructuring
SMX purchase gives Ice two-year Asia advantage over rivals
Atlanta-based derivatives exchange Ice's decision to scoop up SMX gives the firm on-the-ground presence for clearing and trading in Asia
Supply glut heats up Vietnam coffee derivatives market
Overproduction and resulting lower prices could spur development of nascent sector
India private sector banks start signing CSAs
Rising costs and flexible collateral approaches overcome India resistance to CSAs
Philippine Stock Exchange partners with SGX for equity futures – Hans Sicat profile
PSE chief Hans Sicat views cross-border partnerships as vital for development of Asean exchanges, although domestic regulation creates some obstacles
Japan FSA relaxed about spike in JGB liquidity swap trades
No regulatory focus on emerging Japan liquidity swaps market
Asia Risk Congress: BIS points to Asia example as evidence new LCR not 'relaxed'
Asian regulators' partial recognition of Level 2B assets justifies revised Basel liquidity approach
Dalian iron ore futures contract trading volume falls away as question marks linger
Strong volumes on the first day of trading tailed off over the week although players deem it early days for determining the contract's success
Singapore regulator joins in global benchmark manipulation probe
MAS joins the HKMA in looking to assist in global investigations of forex rate fixing
Question marks surround Dalian iron ore futures contract ahead of launch
Although the market is excited about the new contract’s possibilities, uncertainties remain over physical delivery capabilities and liquidity levels
New derivatives rules push global banks to form subsidiaries
Structural issues
CCP regulation needs to be regional, not national: SGX
SGX head of clearing risk urges greater cooperation among region's regulators
Lack of suitable hedging options leaves Asian rice exporters exposed
Liquidity and political risk considerations hinder Thai rice producers' attempts to hedge out looming downside risk
Singapore faces double-oversight confusion
Servant of two masters
CFTC cross-border guidelines give US banks in Singapore swap trade booking quandary
Singapore dollar trade potentially hit by US person rule
Singapore's absence from CFTC substituted compliance regime creates uncertainty
Treatment of Singapore-based branches of US firms unclear
Asean importers increase forex hedging in expectation of dollar liquidity tightening
The relaxation of the Fed stance on tapering hasn't reassured South-east Asian corporates
Increased activity in coking coal spot trade raises hopes of a swaps market
The stalled coking coal swaps market may benefit from increasing spot coking coal trade, with more players reportedly belatedly switching over to shorter-term pricing contracts
Basis risk in palm oil market after Indonesia growth
Guessing game
Asian CCPs left to apply ‘in the dark’ for Esma recognition
Asian CCPs under pressure from EU third-country equivalence/recognition deadline squeeze