Tullett Prebon Money Brokerage (Korea) (Tullett Prebon) and BGC Capital Markets and Foreign Exchange Broker (Korea) (BGC) are the first interdealer brokers to use SwapsWire in their Korean offices to provide trade confirmation and STP for their dealing clients. SwapsWire has added support for Korean Won interest rate swaps in both deliverable and non-deliverable format. Non-deliverable swap trades have all settlement amounts converted to US dollars at the time of payment. Typically, the swaps are traded in deliverable form on-shore, and non-deliverable form off-shore.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.