Asia/Pacific

New Asian Specialist joins from Super Derivatives to head up Business Development across Asia Pacific Region

TriOptima announced that Ken Nishimura has been appointed the head of TriOptima Japan. Mr. Nishimura will manage the continuing expansion of TriOptima’s client relationships in Japan as well as the day-to-day operations of TriOptima’s Tokyo office. 

Singapore office relocates

Lombard Risk Management plc (LSE: LRM) ("Lombard Risk"), a leading provider of integrated collateral management and liquidity, regulatory and MIS reporting solutions for the financial services industry, today announces two key appointments to support the firm’s expansion in Asia Pacific in line with an increase in demand for risk and regulatory solutions in the region.

CME Group, the world's leading and most diverse derivatives marketplace, today announced that it will include offshore Chinese Renminbi (CNH) in the range of instruments to meet performance bond requirements on all exchange futures products cleared through CME Clearing, effective January 2012. The company also announced with HSBC Global Banking and Markets that HSBC Hong Kong will serve as CME's first Far East clearing custodian in Asia.

NYSE Liffe, the global derivatives business of NYSE Euronext (NYX), announced today that it is opening an office in Hong Kong on 1 December 2011. NYSE Technologies already has an office in Hong Kong; and with NYSE Liffe offices in Singapore, Tokyo and now Hong Kong, the Exchange will further develop its derivatives business in the region.

SunGard’s Valdi facilitates futures and options trading on the Tokyo Stock Exchange’s (TSE) Tdex+ platform, which has brought futures and options trading in Japan together on a single, low latent, electronic platform. SunGard’s customers in Japan and overseas are already using Valdi for the unified trading of futures and options, both in enterprise software installations and as Valdi Market Access managed solutions. SunGard has been working closely with its customers help ensure the smooth migration of their futures trading operations onto Tdex+.

Singapore Exchange (SGX) said derivatives and commodities activity rose while securities trading fell in October from a year earlier.

Securities

KRX and Eurex look back at a successful first year of trading

Citi’s Global Transaction Services today announced its appointment of Sam Ahmed to head of Collateral Management Sales for Asia Pacific. Ahmed joins Citi from Merrill Lynch in Singapore where he managed regional Collateral Management and Derivatives Client Services teams for the private banking division.

Thomson Reuters has expanded its offering for the offshore Yuan (CNH) market with the launch of FX swap CNH trading on Thomson Reuters Matching. This is the first time CNH forwards trading has been made available via an interbank electronic marketplace. 

The new service complements the existing FX spot CNH service launched by Thomson Reuters last year and is available to existing Thomson Reuters Matching subscribers with the required clearing facilities in place. Currently this includes over 80 global financial institutions.