Hedging activity growing in the Philippines

While authorities in the West increase derivatives regulation, the Bangko Sentral ng Pilipinas has liberalised rules governing both hedging and yield enhancement markets in the past few years. Despite the challenges in expanding penetration in a market capped by a double-B sovereign rating, some dealers say the Philippines is one of the fastest growing markets in Asia Pacific. Joti Mangat reports


Derivatives dealers seeking new markets in emerging Asia in the wake of the global financial crisis count regulatory restrictions, headline risk and poor product awareness as typical barriers to entry. This has not been the case in the Philippines which, since 2008, has taken a series of progressive steps to liberalise the derivatives market and encourage greater usage among dealers and end-users. During the past two years, the Bangko Sentral ng Pilipinas (BSP) has replaced its old dealer

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here