China’s interbank foreign exchange platform is planning to add new execution functionalities for Chinese banks participating in its recently launched non-deliverable forwards (NDF) trading programme.
More detailed disclosure could help investors become more comfortable with dealers’ anticipatory hedging practices, by giving clients more information to help them choose their counterparty.
India’s inclusion in JP Morgan’s emerging markets index in June has had a limited initial impact on foreign exchange flows for the rupee, say traders – but that could change dramatically as other ...