LONDON/NEW YORK (Reuters) -Demand for U.S. dollars rose in currency derivatives markets on Wednesday, as the last quarter of the year approached and the greenback rose to more than 10-month highs ...

Currency swaps silently set the stage for a lot of economic activity worldwide. According to the latest reliable data, global daily currency swaps in 2022 was about $400 billion, around 5% of the $8.1 ...

Société Générale has gone live on CLS’s cross currency swaps (CCS) service. The firms say the CCS system can be used seamlessly in conjunction with the post-trade platform MarkitWire. This can allow ...

CLS, the financial market infrastructure firm, has recorded continued growth in settled values of cross currency swaps submitted to CLSSettlement, with a 27 per cent year-on-year increase. By using ...

The swaps were cleared through HKEX’s OTC Clear service; the firm said the expansion bolsters its position in the post-trade optimisation sphere in Asia. OSTTRA has moved to expand its compression ...

MUMBAI, Sept 19 (Reuters) - Indian firms are opting for cross-currency swaps to convert part of their rupee debt into dollars in an attempt to trim borrowing costs as U.S. interest rates decline, six ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The CCS service - an extension of CLS's unique payment-versus-payment ...

China’s State Administration of Foreign Exchange has announced that as of March 1, designated fx banks can begin selling renminbi cross-currency swaps to corporate clients. Until then, banks will ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Gordon Scott has been an active investor and technical analyst or ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. CCS trades have significant settlement risk exposure due to the high ...