Singapore and Hong Kong have emerged as the leading destinations for forex traders, ahead of other international financial centres, including London and New York.
It's all bad news out there, so what's a treasurer to do? With a strong US dollar, treasurers are being advised to take their opportunities where they can.
The use of independent data to improve deal pricing can not only save your company money, but also will transform your department from an enabler to a business partner.
LG Electronics uses Thomson Reuters' FXall to improve operational risks, increase price tension with banks and obtain a clear picture of its trading activities. The technology could also help it report trades to regulators electronically should the time come.
Singapore and China launch direct RMB trading, integrating Singaporean banks in China's interbank trading system; Commercial banks such as HSBC and DBS have been identified as RMB/SGD market makers; China's supreme court will hasten measures to speed the creation of circuit courts.