LONDON, Nov 30 (IFR) - Credit Suisse and Deutsche Bank have completed the first cross-currency basis swap on LCH’s SwapAgent platform for uncleared derivatives trades. Sign up here. Through SwapAgent, ...
Société Générale has gone live on market infrastructure group CLS’ cross currency swaps (CCS) service. CCS trades have notable settlement risk exposure linked to the high value of the initial and ...
LONDON (Reuters) - Money markets on Monday began showing signs of strain following an aggressive selloff engulfing global equities, sending various measures of demand for dollars to their strongest in ...
Oct. 24 (Bloomberg) -- The cost for European banks to fund in dollars fell for the first time in three days, according to a money markets indicator. The three-month cross-currency basis swap, the rate ...
LONDON (Reuters) - An increasingly difficult search for dollar funding by euro zone financial institutions will gradually push the euro lower but only a major event such as a sovereign default or a ...
Several factors led to choosing sterling maturity ◆ New UK investors arrived in recent deal ◆ Patience when evaluating ...
Euphoria spread across the market as investors reasoned that by easing a channel of sourcing dollar liquidity, it reduced the incentive for institutions in Europe to liquidate positions to buy dollars ...
Daily foreign exchange turnover averaged $1,972 billion in the UK during October 2011, 3% lower than in April 2011, though 17% higher than a year earlier, according to the Bank of England’s ...
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 ...