The FT reports London is now the largest RMB trading centre outside of China and Hong Kong. Overall global RMB trading volumes have grown over 100% this year due to increased deregulation in China and the goal of China’s policy makers to internationalize their currency.
Here is the link –
http://www.ft.com/intl/cms/s/0/7ccd3b2a-2fc8-11e3-8b7e-00144feab7de.html#!
Filed under: AsiaPac, FX, News, Randy Hebert | Leave a comment »
A recent Bloomberg article showing Singapore has overtaken Tokyo as Asia’s largest foreign exchange trading center
From Paul Blank’s previous post on BIS Triennial FX Survey
Filed under: AsiaPac, FX, News, Randy Hebert | 1 Comment »
Caplin is proud to be the lead sponsor for the Asia Pacific Trading Architecture Summit held at the Regent Hotel in Singapore on June 27.
Patrick Myles, Caplin CTO, will present a white paper titled “HTML in 2013 – Where now?”
Caplin’s booth will feature the latest FX Motif, Bladerunner and Multi-Asset trading solution.
For a complimentary pass, please email me at Randy.Hebert@Caplin.com
We look forward to seeing you there!
http://events.waterstechnology.com/aptas/static/home
Filed under: AsiaPac, FX, HTML5, Patrick Myles, Randy Hebert, Scott McLeod, Single-Dealer Platforms, Technology Trends, Web trading technology | Leave a comment »
Caplin Systems were one of the 30+ sponsors at the FIX Protocol trading summit in Hong Kong on May 23.
Filed under: AsiaPac, FX, HTML5, Randy Hebert, Scott McLeod, Single-Dealer Platforms, Web trading technology | Leave a comment »
Caplin will be a sponsor at the FIX Protocol Asia Pacific Trading Summit in Hong Kong on May 23, taking place at the JW Marriott hotel.
We invite conference participants to visit us at our booth and look forward to seeing you there!
Filed under: AsiaPac, FX, HTML5, Randy Hebert, Single-Dealer Platforms, Web trading technology | 1 Comment »
A number of foreign government officials signed a letter drafted by Japan’s FSA and delivered to the U.S. Secretary of Treasury regarding cross border OTC derivatives reform. The letter highlighted evidence of fragmentation in the financial markets due to the lack of regulatory coordination.
It appears the consensus among the foreign officials is local regulations should not be extended beyond national borders. As well, one sole national regulator should not presume they can set the agenda for a global industry
Perhaps the U.S should consult other global regulators first? What a novel idea…..
Read the article here – http://forexmagnates.com/japanese-fsa-releases-letter-to-us-secretary-of-treasury-on-cross-border-otc-derivatives-reform/
Filed under: OTC, Randy Hebert, Regulation, Web trading technology | Leave a comment »
China has transformed itself into one the world’s largest economies, second only to the U.S. The development of China’s economy over the past decade and increased global trade have been the main drivers to RMB globalization. The Renminbi (RMB) is the official currency of China. Although RMB traded in the spot onshore market and offshore in Hong Kong are the same currency, it has different exchange rates due to different supply and demand conditions. Separate currency codes have emerged to represent onshore and offshore RMB. CNY is used to represent onshore RMB within China while CNH is used to represent offshore trading in Hong Kong. Continue reading
Filed under: AsiaPac, FX, News, Randy Hebert, Single-Dealer Platforms, Web trading technology | Tagged: CNH, CNY, RMB | 1 Comment »
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