Asia Risk 15: Delivering options for FX derivatives

Asian currency markets have experienced rip-saw regulatory changes and vicious levels of volatility since foreign exchange derivatives first emerged in the region in the mid-1980s. But the over-arching trend of burgeoning international trade has kept demand for foreign exchange risk management services remarkably positive. Indeed, given the approximately 400% growth in regional trade since the 1997 Asian crisis, forex derivatives trading in the region has proven one of the most productive places