Tag Archives: currency trading

HSBC Approved As Market Maker For Yuan-Yen Direct Trading

Dow Jones – May 30, 2012 SHANGHAI (Dow Jones)–HSBC Bank (China) Co. has received the Chinese central bank’s approval to be a market maker for direct trading between the Chinese yuan and the Japanese yen in China’s interbank market, the … Continue reading

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CME Broadens Currency-Trading Products to Cater Heavy Turnover Created by High-Frequency Trading

As reported by WSJ’s Jacon Bunge, CME Group Inc. is revamping its offering of renminbi futures, taking advantage of swelling demand for new ways to trade the Chinese currency and accelerating a push into international foreign-exchange markets. In August, the CME … Continue reading

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Goldman’s Wings Clipped By Low Leverage, Few Opportunities

The Wall Street Journal’s Liz Moyer repors that at Goldman Sachs Group Inc. (GS), fixed income trading is settling back from the heights reached in the last two years, and for this Wall Street trading juggernaut, normal means boring. Without … Continue reading

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