Singapore Exchange (SGX)
Iron ore derivatives forge ahead on Chinese demand
The iron ore derivatives market is setting new volume records fuelled by higher volatility and increased involvement from Chinese participants. Although financial players are waiting for liquidity to achieve critical mass, dealers say iron ore has the…
Ice to compete with CME and LCH.Clearnet on FX clearing
Competition in forex clearing intensifies as LCH.Clearnet receives regulatory approval and Ice explains how its rival offering will differentiate itself
International regulators uneasy over Volcker rule
Ban on proprietary trading could affect liquidity in non-US bond markets, regulators argue
Singapore’s FX exemption welcomed as a sign of global consistency
A proposal by the Monetary Authority of Singapore to exempt forex swaps and forwards from mandatory clearing is seen as a positive move to harmonise treatment of foreign exchange with the US
People: Luc François leaves Morgan Stanley
Luc François leaves Morgan Stanley
On the move
On the move
Review of 2011: collateral, capital and chaos
Collateral, capital and chaos
SGX hires new regulatory and risk management chiefs
Singapore Exchange names Richard Teng as deputy chief regulatory officer and Sonia Zhang as head of risk management
Despite hurdles, clearers map out forex ambitions
Clearing a way for forex
Despite hurdles, clearers map out forex ambitions
Clearing hurdles
Asia Risk Congress 2011: CCP users need tactical collateral planning due to Basel III capital squeeze
The increasing need for liquid, high grade assets under Basel III capital requirements will likely squeeze liquidity in the types of eligible collateral required by central counterparty (CCP) clearings, meaning end-users of CCPs need to tactically plan…
Asian exchanges could attract more block trades via dark pool tie-ups, says Liquidnet
Liquidnet founder, Seth Merrin, believes Asian exchanges should think ‘bigger picture’ by focusing on reclaiming liquidity from institutional order flows by linking up with dark pools
Brics to cross-list equity derivatives via new alliance
A new ‘Brics exchanges alliance’ has been formed to allow investors to trade equity index derivatives of each participating exchange in local currencies. The move comes as Asian exchanges increasingly are establishing alliances to promote cross-border…
SGX consults on derivatives clearing reform
The Singapore Exchange has proposed amendments to limit the liabilities of its members on exchange-traded and over-the-counter derivatives
CME delays dollar/renminbi futures due to settlement system issues
The US exchange operator hopes to create a transparent, liquid futures contract for renminbi, offering an alternative to the privately negotiated market. But the launch was delayed due to settlement system problems and some traders believe the exchange…
ASX vs LCH in race to be Australia's OTC clearer
Home-town blues
Chi-East moves to connect Asia's dark pools
Joint venture between Singapore Exchange and Chi-X Global expects to announce four new members in the next two months
Dealers resigned to CCP competition in Asia
Gaining interest
Electronic trading and clearing of NDFs poised for growth in Asia
Asian regulators are expected to closely follow their peers in the US and Europe in demanding swap execution facilities and over-the-counter derivatives clearing in Asia. This may bolster e-trading for NDFs based on Asian currencies
Structured product investors hit by sharp fall in Japanese equities
Investors have likely taken hits on legacy structured trades, though bankers say it is too early to judge the full impact of the Friday earthquake on the Japanese structured equity market. There are some signs, however, that investors might already be…
SGX could expand clearing to Australia post ASX merger
SGX could expand its OTC clearing service to the Australian market once a decision has been made on a merger with ASX, but it also plans to add new currencies and asset classes – including forex forwards