Derivatives house of the year, India: HSBC
Asia Risk Awards 2023
When the Reserve Bank of India (RBI) gave the go-ahead for non-deliverable derivatives contracts (NDDCs) to be offered to domestic non-retail investors, HSBC India was ready.
“To our knowledge, we were the first bank to offer non-deliverable options on the day the regulations came in, as well as among the only banks to trade with multiple counterparties on that first day too,” says Anita Mishra, head of markets and securities services for India at HSBC.
The past couple of years have seen a
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