Asia Risk interdealer rankings 2010: Brokers
Local markets lift-off
Interdealer volumes traded by brokers were once more on the rise in 2010, due in part to significant inflows of funds into the Asia-Pacific region. Steve Miles, managing director of Tradition in Singapore, estimates volumes in the market for 2010 increased by 8–10% on the previous year, with the figure for Asian interest rate swaps (IRS) and Asian non-deliverable forwards (NDFs) hitting as much as 30% growth year-on-year. "Your traditional cash product - your real money, is more flat – credit
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