Can CGBs emulate US Treasuries as initial margin on cross-border derivatives trades?
Dealers join China’s Safe in sounding alarm at mounting unhedged FX exposures
Despite new reserve requirement, dealers say ‘maturity’ in risk management is here to stay
Foreign fund managers need clarity before market can take off, say banks
Crackdown on ‘fake’ deals adds to risk in contingent hedges
New service to debut in August, but liquidity risk has stalled other CCPs
ANZ grows metals business in challenging conditions
Looking beyond the border
Hedging gains currency
Foreign exchange options debuted in mainland China today with a number of deals taking place. China now has an onshore market for forex forwards, forex options, forex swaps and cross-currency swap, offering market participants more hedging tools as the…
Bank of America Merrill Lynch has conducted what is believed to be the first currency swap in China with a corporate client after Safe gave the green light for such transactions to start trading on March 1.
Chinese corporates will now have access to onshore and offshore hedging markets
The CSRC plans to ban derivatives dealers from using QFII quotas to on-sell derivatives mirroring CSI 300 index futures contracts to offshore clients. The move looks set to challenge ETF fund managers when hedging China index-tracking funds.
China's State Council is advising the Shenzhen municipal government and local regulators about permitting renminbi conversion outside of currency restrictions
Asia Risk Congress 2010: Hong Kong finance official says government is pushing China to further ease controls on ‘dim sum' bonds
Asia Risk Congress 2010: Hong Kong finance official says government is pushing China to further ease controls on ‘dim sum’ bonds. Meanwhile, an open-ended renminbi bond fund by Income Partners is launched
Ever since its launch in 2007, China Investment Corporation, China’s sovereign wealth fund, has attracted widespread fear and suspicion. But its potential to move markets may have been overplayed.
Chinese officials have banned local banks from quoting prices in the offshore non-deliverable forwards (NDF) market in an effort to boost trading onshore, according to analysts.