Agency broker ITG has been rolling out its FX transaction cost analysis product for Asia, developed with Eastspring as its primary beta client.
Tag : fx
A win for Barack Obama will lead the US dollar to appreciate, says BoA Merrill, while noting the impact of US fiscal tightening on global GDP growth.
Global managers are outsourcing FX risk from their growing Asian investments, leading RBC Dexia to set up a dealing desk in Hong Kong.
Trading algorithms are already widely used for equities in Asia, but foreign exchange algos are now gaining some traction.
The level of RMB deposits in the city is rising at 15% a month, notes Standard Chartered, but while daily volume for non-trade FX of RMB is growing fast, the market is still small and inefficient, say traders.
KH Kang joined BNY Mellon earlier this month from Woori Securities to replace TB Song.
The regulator has resolved compliance breaches with the leveraged FX trading firm, following complaints dating back to 2000.
The asset manager says its new dynamic strategic hedging programme for Asian currencies should prove timely, as the region's currencies are ultimately expected to rise against the dollar.
UK-based Record Currency Management and Deutsche Bank think so, and say the case is stronger than ever for a greater allocation to foreign exchange, particularly for Asian and emerging currencies.
Strategist Aaron Gurwitz explains why 2010 is the time for investors to get exposure to equities and Asian currencies.
The bank appoints a new head of rates research for emerging Asia.
German bank appoints director in China commodity and FX sales team.