A financial derivative contract in which two parties exchange interest rate cash flows, based on a specified principal amount from different interest rate indices.
UOB is the first Southeast Asian bank to join ForexClear as a direct member, and is the final Singapore local banking group to join as a direct member of SwapClear
Since signing an MoU in 2019, SIX has been working with the Shanghai and Shenzhen stock exchanges to establish a GDR Stock Connect offering to encourage mutual access for Chinese and Swiss market participants
Hong Kong Exchanges and Clearing Limited (HKEX) has announced a collaboration with the China Foreign Exchange Trade System (CFETS) and Shanghai Clearing House (SHCH) to create a mutual access programme for interbank interest rate swap (IRS) markets
HSBC China has facilitated the first interest rate swap trade by overseas institutional investor through the central counterparty clearing model in the China Interbank Market
Eurex Group has set up a fixed income and currency board advisory committee and has also been recognised as a foreign central counterparty by the Swiss Financial Market Supervisory Authority
The programme plans to build a “balanced ecosystem”, responsible for aligning responsibilities and benefits related to economics and governance, bringing “greater choice and transparency” to the market
Industry
Industry
Industry
Industry
Industry
Industry
