Credit Suisse (IOB: 0QP5.IL - news) and Deutsche Bank (IOB: 0H7D.IL - news) have completed the first cross-currency basis swap on LCH’s SwapAgent platform for uncleared derivatives trades. Through ...

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 ...

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 ...

Currency risk is the financial risk that arises from potential changes in the exchange rate of one currency in relation to another. And it’s not just those trading in the foreign exchange markets that ...

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 ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Due to the high value of the initial and final principal exchanges, cross ...

The Bank of Uganda has bought $1.5 billion from the market this fiscal year and used currency swaps to rebuild its foreign-exchange reserves after they were drained by an aid freeze and debt ...

CLS, a financial market infrastructure group delivering settlement, processing and data solutions, has announced that Barclays Bank has officially gone live on its Cross Currency Swaps (CCS) service.

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 ...

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 ...