Tag: Asia Forex

November 03, 2014 BY Mike Fox

Hong Kong Monetary Authority designates seven CNH Primary Liquidity Providers

The Hong Kong Monetary Authority (HKMA) announced today that it has designated seven banks as Primary Liquidity Providers (PLPs) for the offshore renminbi (CNH) market in Hong Kong. These designated PLPs have pledged to expand their market-making activities in Hong Kong for various CNH instruments, and use the Hong Kong platform in promoting their global…

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August 08, 2014 BY Mike Fox

MSE to use Bloomberg Terminal electronic trading system

Angar Davaasuren, CEO of the Mongolian Stock Exchange (MSE) based in Ulan Bator, had a meeting with Asian financial market representatives from Bloomberg on August 4th. The meeting covered carrying out government securities trade using the Bloomberg Terminal electronic trading platform. The Minister of Finance directed the MSE to implement 2013 Parliament Resolution No. 41…

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July 11, 2014 BY Mike Fox

UK brand ayondo opens office in Singapore

In the course of their international expansion, the ayondo group announced today in a press release that it has opened an office in Singapore, the ayondo Asia PTE Ltd. Back in June, LeapRate reported on ayondo Group's re-branding to focus on social trading, which included new marketing campaigns to coincide with the World Cup. The…

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April 02, 2014 BY Andrew Saks-McLeod

LeapRate Exclusive: Western firms may benefit as new Indonesian rulings strive to banish FX

Indonesia's national financial markets regulator will not issue new licenses to FX firms. Will Australian firms reap the rewards? For a great many retail FX companies, the Asia-Pacific region is considered a land of tremendous opportunity. China was considered the mainstay of western FX firms' focus when channeling efforts toward the region, however as time…

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