ANZ ramps up derivatives to capture intra-Asia trade flows
Since 2007, ANZ has made Asia a core focus of growth – it is now increasing its derivative products
Australia's third largest bank has been aggressively pushing into Asia for the better part of a decade; it is now looking to increase its derivative offering in order to capture the increasing trade flows it sees between Asian countries.
"Intra-Asia flows account for $5 trillion a year. That is more than flows between Asia and Europe or between Asia and the US – and we expect that to account for 60% of global GDP by 2050," says Eddie Listorti, global co-head of fixed income, currencies and
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