Five years after the collapse of Lehman Brothers, central clearing services are appearing for over-the-counter derivatives in Asia Pacific, but challenges remain.
After being cleared to conduct over-the-counter equity derivatives, the securities firm seeks to target insurers initially. It sees room for growth in this area amid CSRC liberalisation.
Citi explores the key challenges and strategies available in the market for optimal collateral management with respect to costs arising from technology and human capital needs.
New capital requirements, sustained low interest rates and falling commissions from derivatives trading have compelled the agency brokerage to readjust.
Local brokers and global custodians are expanding securities financing services with more players forecast to enter the market in the first quarter after a raft of regulatory relaxations.