Georgina Lee

The French fund house will put a fixed income trader in Asia, its first in the region, in the fourth quarter.

The new exchange may face an uphill battle to challenge the dominance of local rival the National Stock Exchange after a regulatory scolding.

Five years after the collapse of Lehman Brothers, central clearing services are appearing for over-the-counter derivatives in Asia Pacific, but challenges remain.

Despite the broad exodus from emerging market debt, offshore renminbi bonds have attracted flows and are expected to continue to benefit from renewed investor interest.

Hong Kong's central bank hopes that partnering Clearstream will help to reignite interest in its repurchase agreement settlement platform. To date very few deals have been closed.

There is growing interest among regulators and exchanges in Asia in the introduction of national tri-party collateral platforms to mitigate against counterparty credit risk.

They argue that incoming regulations governing the monitoring of algorithmic trading are often counterintuitive and leave them potentially liable for unforeseeable trading risks.

The firm will be better able to source block liquidity in Asia as a result, says regional head equity trader Lee Bray. Meanwhile he is relaxed about potential curbs on dark pool usage.

Relative value managers raced to short their Treasury positions after the US Fed hinted at tapering in May, borrowing from the repo market. But demand saw hedging costs spiral.

JP Morgan hires UBS executive, Mizuho names fixed income head, Threadneedle bolsters business development, Deutsche appoints EM equity head and Sarasin taps MD.

The German bank sees an opportunity to provide tighter pricing on gold exchange-traded funds in Asia, citing its capabilities in gold spot and futures trading.

Asian institutions are shunning fixed-income ETFs due to low liquidity and lack of product choice, hampering industry growth. Recent market volatility has exacerbated the situation.