Tag: Bank Of China

Bank of China (UK) Limited joins LCH’s SwapClear
June 19, 2019 BY Valentina Kirilova

Bank of China (UK) Ltd joins LCH’s SwapClear service

Global clearing house LCH announced that Bank of China (UK) Limited, Bank of China’s UK entity, has gone live as a clearing member of LCH’s SwapClear. Bank of China is LCH's first clearing member from a Chinese banking group. The Bank will now have access to clearing of interest rate derivatives at LCH and will…

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August 07, 2018 BY Valentina Kirilova

Bank Of China extends use of AxiomSL’s regulatory platform

AxiomSL, the provider of regulatory reporting and risk management solutions, has today announced that Bank of China has decided to extend its use of AxiomSL’s strategic platform to meet AnaCredit reporting requirements in France. AxiomSL will support the bank’s objective to automate the complex process of AnaCredit reporting and ensure submission in a timely and…

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Bank of China CNH Liquidity
June 06, 2017 BY admin

Bank of China HK to join EBS Direct as a liquidity provider

NEX Markets, a NEX Group business which provides electronic trading technology services in the fixed income and foreign exchange (FX) markets, announces today that Bank of China (Hong Kong) Limited, a mainstream bank as well as an integrated and regional financial group with roots firmly planted in Hong Kong for 100 years, will be joining…

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September 21, 2016 BY Mike Fox

Chinese RMB gets first clearing bank in the US

The People's Bank of China (PBOC), China’s central bank announced today it authorized Bank of China's (BOC's) New York branch to provide Renminbi (RMB) clearing services in the United States.  It is the first time for China to set up an RMB clearing bank in the United States. The decision was made according to a…

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July 08, 2015 BY Andrew Saks-McLeod

Chinese stock markets dropped by daily limit of 10%; share trading suspended as FX remains king

China's preference for FX was very much highlighted by LeapRate's recent investigation into China's large introducing brokers. With China's two major stock exchanges experiencing trading suspensions and stock depreciation at the rate of a falling girder, LeapRate provides an insight into the possible cause and effect and why FX is THE asset class for China

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