Foreign investors can apply to become prime brokerage clients to trade interbank FX forwards, swaps, and other FX derivatives to hedge interbank bond exposures
Hong Kong currency strength is being driven by carry trade players exploiting widening interest rate differentials – and now the HKMA is busily selling HKD to keep it inside its peg
Just when you thought it was safe to go back in the benchmark water, a lawsuit has been restarted against some of the world’s biggest banks trading yen LIBOR and Euroyen TIBOR derivatives