The companies have specifically enrolled in its crosscurrency swaps (CCS) settlement service. CCS is an extension of the payment-versus-payment (PvP) settlement service, CLSSettlement, to which the ...

To the extent there is a lesson, it is this: once you hedge out currency risk, each currency operates as its own separated ...

CLS and IHS Markit said with the addition of HSBC there are nine settlement members live on the cross-currency swap service including several major banks. HSBC has become the latest institution to ...

Last year, Vietnamese lender Techcombank executed one of the most structurally sophisticated cross-currency interest rate ...

OSTTRA, the global post-trade solutions provider, has completed its inaugural portfolio compression run for USD/CNH cross ...

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 ...

Corporate finance executives looking to cut their debt costs this year are likely to find one popular tool isn’t as attractive as it was when the Federal Reserve was aggressively raising interest ...

China’s State Administration of Foreign Exchange has announced that as of March 1, designated fx banks can begin selling renminbi cross-currency swaps to corporate clients. Until then, banks will ...

(Reuters) - U.S. companies with overseas operations are taking advantage of lower rates in euros to slash their debt funding costs and soften the blow of higher interest rates with a hedging strategy ...

Demand for U.S. dollars rose in currency derivatives markets on Wednesday, as the last quarter of the year approached and the greenback rose to more than 10-month highs against its peers. LONDON/NEW ...

LONDON & NEW YORK--(BUSINESS WIRE)--Markit (Nasdaq:MRKT), a leading global provider of financial information services, and CLS Group (CLS), a leading provider of risk mitigation and operational ...