Viren Vaghela
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Articles by Viren Vaghela
HSCEI Korea structured product losses spark regulatory fears
Potential losses for global banks and local firms estimated at $300 million
JSCC applies to US for exempt clearing status
Japan clearing house abandons three-year-long application to become approved DCO
SGX mothballs US dollar swap clearing
Insufficient demand causes service to cease – however exchange says it may reintroduce it later
Risk and reward: how banks in Asia reacted to volatility and hedging demands
Falls in commodity prices and equity indexes have tested investors' risk appetite
House of the Year, Asia ex-Japan: Societe Generale
Ambition, innovation and flexibility seal blue riband award for SG
Equity Derivatives House of the Year: UBS
Creativity of solutions gave UBS edge in equity derivatives award
Structured Products House of the Year: Credit Suisse
Success in Japan drives Credit Suisse to structured product award
Client Clearing Bank of the Year: Citi
Citi commitment to Asia clearing business sees it retain crown
Derivatives Law Firm of the Year: Clifford Chance
Advisory work for regulatory bodies helped clinch award for law firm
ASX gets first DCO exemption from CFTC
Four Asian CCPs have applied, but Australian outfit is first to win an exemption
Corporates face paper structured forex losses from RMB slide
China central bank intervention causes unrealised corporate hedging losses
'Jury still out' on local currency clearing says CIMB
Asean OTC derivatives market is not big enough to warrant clearing
Low rates enhance appeal of autocallables beyond core Asia market
Product born in 1990s Japan's low yield environment set for global stage
HKEx strengthens RMB team ahead of expected product launches
Banker who spearheaded BNP Paribas's RMB business moves to exchange
Counterparty concerns slow family office derivatives use
HNWs got burnt in the Lehman crisis and are still cautious over exposures
Smaller banks in Volcker rule exemption letter 'stand-off'
Global banks refusing to sign representation letters with regional players
'Rollercoaster day' in Hong Kong stresses dealers' exotic books
Autocallable knock-in levels under pressure but losses averted
Singapore clearing mandate timed to avoid US/Europe overlap
With sufficient clearing options now available MAS is ready to set out clearing mandate
No dealer hedging panic from Hong Kong market plunge
China fears, not Grexit, see Hong Kong market rattled more than peer indexes
Japan banks still not pricing CVA into derivatives trades
A loans-focused business model means credit risk mitigation a low priority
Korea insurers increase risk to counter falling interest rates
Loose monetary policy leaves firms with no option but to buy overseas assets