HSBC uses derivatives to drive development of RMB market

Asia Risk Awards 2014: RMB House of the Year – HSBC

Candy Ho
Candy Ho, HSBC

The seemingly inexorable upward move of the renminbi against the dollar ended in February this year with a sudden drop that caught market players by surprise; the renminbi fell nearly 4% against the US currency in a matter of weeks. One month later, the People's Bank of China doubled the one-day trading band from 1% to 2% adding another layer of uncertainty to a previous one-way bet. One trend remained constant, however: the increasing internationalisation of the currency – the decision in

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Best execution product of the year: Tradefeedr

Tradefeedr won Best execution product of the year for its API platform, which standardises and streamlines FX trading data, enabling better performance analysis and collaboration across financial institutions

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