Currency Derivatives House of the Year – Standard Chartered

raghavan-rajagopalan
Raghavan Rajagopalan, Standard Chartered

Technology was the dividing line between success and failure in last year's Asian foreign exchange derivatives markets. With 60% of Japanese yen/dollar volumes coming from retail investors, while Asian institutional investors demonstrated a stronger taste for electronic trading than their European and North American peers, having an efficient trading platform was a vital differentiator for forex houses. This year the picture is different. With forex prices determined by interest rate parity,