Standard Chartered

Sharia forex hedges take off

The market for sharia-compliant foreign exchange hedges continues to grow, with Citigroup structuring the first cross-border sharia-compliant cross-currency profit rate swap worth $230 million.

CME names market-makers for renminbi futures

The Chicago Mercantile Exchange (CME) has named HSBC and Standard Chartered Bank (SCB) as the first market-makers for futures contracts on the Chinese renminbi (RMB) against the US dollar, euro and yen, which started trading on August 28.

First non-deliverable RMB rate swap traded

HSBC and Standard Chartered Bank have traded what they believe to be the first renminbi (RMB) non-deliverable interest rate swap transaction. The RMB100 million ($12.5 million) transaction has a three-year tenor and involves Standard Chartered paying a…

PBOC gives OTC foreign exchange trading go-ahead

The People's Bank of China (PBOC) has opened up the country's spot FX market to over-the-counter trades, and authorised the China Foreign Exchange Trading System (CFETS) to determine the daily central parity rate for the RMB against foreign currencies.

BoA loses French corp sales dealer

Olivier Brouet has left Bank of America (BoA) in London, where he worked in FX sales to French corporates, reports FX Week , Risk ’s sister publication.

ABN Amro wins China derivatives licence

ABN Amro last week joined the elite group of foreign banks authorised to trade foreign exchange derivatives in China after winning a licence from regulator the China Banking Regulatory Commission, reports RiskNews’ sister publication, FX Week .

CSFB gets OK for derivatives in China

The China Banking Regulatory Commission (CBRC) authorised Credit Suisse First Boston (CSFB) to launch a financial derivatives business in China last week, reports RiskNews’ sister publication, FX Week .

Oil price hits Asian currencies

Surging oil prices have put pressure on Asian currencies, but the impact has been magnified by other factors influencing the region, analysts told RiskNews’ sister publication, FX Week .

Options staff hotly pursued

Currency options traders are finding themselves hotly pursued, as a series of high-profile moves around the world has set off a chain of demand, reports RiskNews’ sister publication, FX Week .

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