China
Trade of the month: Emerging markets underlyings
Trade of the month: Emerging markets underlyings
RBI sees developing repo markets necessary in meeting Basel liquidity rules
India central bank views repo as an increasingly important market in the wake of Basel III implementation
Chinese equity derivatives master agreement close to being finalised
Securities firms in China have begun trading OTC equity derivatives, with a final master agreement expected soon
Little incentive for China to implement Fatca
The US is pushing to sign up as many countries as possible to an IGA, but for China signing an IGA appears less appealing
OTC derivatives trading for securities companies to take off in China
Pilot programmes by the CSRC to encourage OTC derivatives trading for securities companies in China
CME launches three-year CNH futures contract to meet dim sum bond hedging demand
CME to offer CNH futures from February 25; becomes second provider after HKEx launched CNH futures contract last September
Moves to liberalise domestic derivatives in China
The derivatives door opens
Asia steel derivatives market struggling to compete with iron ore
Steeled for the fight
Undeveloped Asian capital markets continue to make hedging difficult
A lack of liquidity is still providing problems for corporates looking to hedge – even in Hong Kong
HKEx to start OTC clearing in April
The Hong Kong bourse is set to start OTC derivatives clearing in April and is planning to expand its cross-asset derivatives offering over the next two to three years
Chinese banks to emphasise fees over asset growth in the coming years – PwC
Basel III not the main challenge for China banks – instead interest liberalisation is their main focus
Lack of clarity over clearing provides problems for Asia banks
The deadline set by the G-20 to clear all standardised OTC derivatives has passed but a lack of regulatory clarity over the shape of reform is hampering banks in the region
India extends Basel III timetable to enable banks to raise capital
Decision to push back Basel III implementation motivated by capital concerns, say market sources
Asia regulators try to work together as trade repository regimes begin in 2013
The move to central clearing will generate a wealth of information on derivatives around the region – but making use of this requires both trade repositories and data sharing. Progress on both has been slow
People Profile: Jack Klinck, State Street
Art of the dealer
Index roundup
Index roundup
Sanctioned jurisdictions struggling with Fatca
Barriers to entry
Bucking the trend: Derivatives market liberalisation in China
Bucking the trend
Regulators in Asia target shadow banking sector
Regulators in Asia are striving to strike balance between regulating the shadow banking sector and letting Asian financial intermediation develop
US should show more respect over Fatca – PBoC official
The unilateral approach taken by the US to combat tax evasion is not the right one, says senior figure at the People's Bank of China
US and China could play ‘fiscal chicken’ under Fatca, expert warns
China's absence from IGA negotiations could mean a standoff once withholding starts
Foreign exchange house of the year
Foreign exchange house of the year
Variable annuities offer mixed opportunities in Asia
Variable outlook
RMB/Africa currency hedging sees ‘substantial’ growth in past 12 months
Increasing levels of trade between Africa and China have driven the emergence of an increasingly active RMB derivatives market