KOREA MONEY BROKERAGE CORPORATION.

Size: px
Start display at page:

Download "KOREA MONEY BROKERAGE CORPORATION."

Transcription

1 KOREA MONEY BROKERAGE CORPORATION

2 KMB s Vision Global firm leading the wholesale financial market! KMB is moving forward as a global integrated financial broker, realizing its four core values : professional, consumer-oriented, profit-maximizing and coexistence. KMB mind Professional Profit-maximizing Global firm leading the wholesale financial market Consumer-oriented Coexistence Organization Passionately devoted to customer satisfaction! The head office of KMB consists of 7 Departments and 1 Team for maximum efficiency in the day-to-day operations, and works in close cooperation with overseas offices in Hongkong and Beijing. Every single member of KMB is firmly united in the shared goal of achieving the highest level of customer satisfaction. President & CEO Auditor Auditing Team Executive Managing Director Business Strategy Dept. General Affairs Dept. Money Market Dept. Fixed Income Dept. Executive Managing Director FX Dept. Beijing Representative Office Derivatives Dept. Hong Kong Branch IT Dept.

3 KOREA Money Brokerage Corporation Foreign Exchange Certified institution for publishing fixed FX rates with various FX services including G7 currency brokerage! The FX department of KMB provides speedy execution with the efficient and advanced electronic trade system (KMB-Net). Its broad range of products including FX spot, FX swap and NDF based on G7 currencies including USD ideally positions the company to meet various trading needs in the FX market. Being selected as a certified institution to publish foreign exchange fixed rates (MAR) by the Ministry of Strategy and Finance in 2009, KMB has been providing daily basic trading rates for the won/dollar. We are also providing real-time FX rates to our clients including Reuters, Yonhap Infomax and KOSCOM. FX Spot MAR (Market Average Rate) FX Swap NDF (Non- Deliverable Forward) Deposit Derivatives Leading derivatives broker boasting strong network with financial institutions around the world! As the first brokerage firm that provided derivatives broking service in Korea, KMB covers various derivatives brokerage including IRS, CRS and FRA. Our extremely competent brokers and global network with financial institutions home and abroad help broaden the horizon of the derivatives market of Korea. IRS (Interest Rate Swap) CRS (Currency Rate Swap) FRA (Forward Rate Agreement)

4 Money Market No.1 broker in Korean money market backed by longstanding tradition and top market share! Founded in 1996 and following the commencement of its credit call brokerage services, KMB (Korea Money Brokerage Corp.) has led the market by expanding its areas of business in the money market as a broker of collateral call, collateral repo, and commercial papers. Since its establishment, it has been the unchallenged leader of the money market in calls and REPOS among others, and is worthy of its reputation as Korea's top money brokerage firm. Unsecured Call Money Secured Call Money Repo (Repurchase Agreement) CP (Commercial Paper) Fixed Income First domestic fixed income interdealer broker (IDB) licensed by the Korean government! KMB has been providing efficient broking service for fixed income since the company was licensed by the government as the first fixed income IDB of Korea in The fixed income department keeps close track of trading needs of all market participants including domestic and foreign banks, securities companies and investment trust companies in real time. Our Delivery Versus Payment (DVP) system ensures highest level of safety in settling a transaction by enabling the simultaneous exchange of assets and payment. KTB (Korea Treasury Bond) MSB (Monetary Stabilization Bond) Other Bonds

5 KOREA Money Brokerage Corporation Financial Highlights Top integrated broker of Korea! KMB will continue to live up to high expectation and trust customers place in the company with extremely strong business performance. (Unit : million won) Shareholders 52 shareholders composed of well-established financial institutions! The unfaltering trust and strong support from shareholders have been the largest driving force that enabled KMB to firmly establish itself in Korea's brokerage market and continue to grow. Note 1) Korea Resolution & Collection Corporation (Unit : %)

6 Global Networks Expanding global reach with overseas offices in Hong in Hong Kong Kong and and Beijing! The Hong Kong Branch Office opened in 2007 is servicing financial institutions across Asian countries such as China, Chinese Taipei and Singapore as well as global financial institutions operating in Hong Kong. It is ideally placed to satisfy customers' diverse needs with a wide range of products including spot, swap, Repo, NDF and Bill & Bonds based on KRW and G7 currencies including USD. In 2011 representative office was established in Beijing, China to prepare for our next leap forward in the fast emerging financial market of the world. lobal Networks Seoul Head Office 13F. YoungPoong Bldg. 41 Cheonggyecheonro. Jongnogu. Seoul. Korea TEL : FAX : Hong Kong Branch Office 10F, 8 Wyndham Street, Central, Hong Kong TEL : FAX : Beijing Representative Office Room 2923, Block C, Central International Trade Center 6A, Jianguomenwai Avenue, Chaoyang District, Beijing TEL : FAX :

7 KOREA Money Brokerage Corporation CSR (Corporate Social Responsibility) Reaching out a helping hand for people in need! KMB is offering sustained support for social welfare facilities on a regular basis. We believe caring for those in need and reaching out to them is not merely a responsibility but a truly rewarding experience as a member of the local community. Society Volunteer work serving the elderly living alone KMB provides financial support for the elderly living alone who face economic difficulties and suffer from loneliness. SR Donation of one-day commission fees Making this society where all benefit together is our dream. KMB steps closer toward this dream every year through annual donations of its one-day commission fees. Culture & Education Scholarships for youth Supporting dreams is the start of a brighter future for everyone. KMB provides scholarships for youth from underprivileged, low-income class and multicultural families. We are lending a helping hand to these young people to make sure they do not give up their dreams because of economic hardships. Support for classical music concerts KMB presents people with the opportunity to enjoy cultural activities by providing support for hosting classical music concerts.

8 Seoul Head Office 13F. YoungPoong Bldg. 41 Cheonggyecheonro. Jongnogu. Seoul. Korea TEL : FAX : master@kmbco.com Hong Kong Office 10F, 8 Wyndham Street, Central, Hong Kong TEL : FAX : hk@kmbco.com Beijing Representative Room 2923, Block C, Central International Trade Center 6A, Jianguomenwai Office Avenue, Chaoyang District, Beijing TEL : FAX : beijing@kmbco.com

A REGIONAL GATEWAY FOR RMB. Singapore

A REGIONAL GATEWAY FOR RMB. Singapore A REGIONAL GATEWAY FOR RMB Singapore GROWING INTERNATIONAL AND REGIONAL ROLE OF THE RMB Rising Potential for International use of RMB China accounts for more than 10% of global trade and investment flows

More information

3. Foreign Exchange Management

3. Foreign Exchange Management 3. Foreign Exchange Management Foreign Exchange Market Operations The Bank kept on pursuing dynamic stability of the NTD exchange rate under a managed floating regime in 2004. During the year, the US dollar

More information

Introduction of Free Trade Zone RMB Bond Business

Introduction of Free Trade Zone RMB Bond Business Introduction of Free Trade Zone RMB Bond Business Yidan WANG wangyidan@shclearing.com April 2016 London Contents Company Overview Business Background Business Model Future Plan 第 四 章 A brief look into

More information

How To Understand And Understand A Derivative In Korea

How To Understand And Understand A Derivative In Korea 22 ACCOUNTING TREATMENT OF CURRENCY DERIVATIVES CURRENCY FORWARDS, CURRENCY SWAPS, CROSS CURRENCY SWAPS Ing. Eleonóra Vajdová This is the first in a series of papers dealing with accounting treatment of

More information

ECONOMIC REVIEW(A Monthly Issue) March, 2014

ECONOMIC REVIEW(A Monthly Issue) March, 2014 ECONOMIC REVIEW(A Monthly Issue) March, 2014 Economics & Strategic Planning Department http://www.bochk.com An Analysis on the Latest Developments and Comparative Advantages of Offshore RMB Centers Liu

More information

Structure Products Asia 2006

Structure Products Asia 2006 Structure Products Asia 2006 China Structured Products : Innovation and Evolution Chin-Chong Liew Partner and Head of Derivatives & Structured Products Asia (Ex-Japan) 23 November 2006 Hong Kong 2 Chinese

More information

Chinese Yuan Non-Deliverable Forward Transactions

Chinese Yuan Non-Deliverable Forward Transactions Chinese Yuan Non-Deliverable Forward Transactions By entering into Chinese Yuan Non-Deliverable Forward Transactions ( NDF ) with Bank of China (Hong Kong) Limited (the Bank ), you can buy or sell Chinese

More information

SEYCHELLES IBC INCORPORATION AND BANK ACCOUNT PACKGAE #BVIBC03

SEYCHELLES IBC INCORPORATION AND BANK ACCOUNT PACKGAE #BVIBC03 KAIZEN CERTIFIED PUBLIC ACCOUNTANTS LIMITED ROOM 2103, FUTURA PLAZA, 111 HOW MING STREET KWUN TONG, HONG KONG TEL: +852 23411444 FAX: +852 23411414 EMAIL: INFO@BYCPA.COM Shenzhen Office, China Room 2508,

More information

CNH Market--A Burgeoning Offshore RMB Market

CNH Market--A Burgeoning Offshore RMB Market CNH Market--A Burgeoning Offshore RMB Market Liu Chenggang from Bank of China September, 2011 Contents I. Evolution of CNH Market II. Introduction ti of CNH Market III. Future Development of CNH Market

More information

NEW CHINA LIFE INSURANCE COMPANY LTD. (A joint stock company incorporated in the People s Republic of China with limited liability)

NEW CHINA LIFE INSURANCE COMPANY LTD. (A joint stock company incorporated in the People s Republic of China with limited liability) THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION If you are in any doubt as to any aspect of this circular or as to the action to be taken, you should consult your stockbroker or other

More information

INTRODUCTION. Management team. US Businesses. Migration to electronic broking Strategic issues. Ron Purpora Doug Rhoten David Rutter

INTRODUCTION. Management team. US Businesses. Migration to electronic broking Strategic issues. Ron Purpora Doug Rhoten David Rutter Investing in ICAP August 2005 1 These materials do not constitute an offer to sell or the solicitation of an offer to purchase any security. These materials contain "forward-looking statements" as defined

More information

Renminbi (RMB) corporate and treasury services in London

Renminbi (RMB) corporate and treasury services in London Renminbi (RMB) corporate and treasury services in London City of London RENMINBI SERIES London offers an extensive range of RMB corporate banking services including: o Corporate accounts; o Term deposits;

More information

NOMURA SINGAPORE LIMITED

NOMURA SINGAPORE LIMITED NOMURA SINGAPORE LIMITED Key Events in Nomura's History 1925 Nomura Holdings, Inc. (formerly known as The Nomura Securities Co., Ltd.) founded in Osaka by Tokushichi Nomura II 1927 Nomura opens an office

More information

How the Foreign Financial Institutions Play a Role in China s Insurance QDII Business

How the Foreign Financial Institutions Play a Role in China s Insurance QDII Business Llinks Asset Management Bulletin October 2012 How the Foreign Financial Institutions Play a Role in China s Insurance QDII Business By Sandra Lu and Lily Luo China Insurance Regulatory Commission ( CIRC

More information

RMB Internationalization & Hong Kong. Graham Coker Trade Director, Transaction Services UK & Ireland

RMB Internationalization & Hong Kong. Graham Coker Trade Director, Transaction Services UK & Ireland RMB Internationalization & Hong Kong Graham Coker Trade Director, Transaction Services UK & Ireland RMB Internationalisation China s Market Reform Agenda RMB is called CNY onshore and CNH offshore. Hong

More information

Malayan Banking Berhad, New York Branch Resolution Plan

Malayan Banking Berhad, New York Branch Resolution Plan Malayan Banking Berhad, New York Branch Resolution Plan Section 1: PUBLIC SECTION December 2013 Humanizing Banking Services Introduction Malayan Banking Berhad, New York ( MBBNY ) is pleased to present

More information

OMG Global Conference April 23/24 2007. Electronic market making efficient and robusts operations. Godfried De Vidts Director of European Affairs

OMG Global Conference April 23/24 2007. Electronic market making efficient and robusts operations. Godfried De Vidts Director of European Affairs OMG Global Conference April 23/24 2007 Electronic market making efficient and robusts operations Godfried De Vidts Director of European Affairs Highlights ICAP has created a powerful combination: the world

More information

RMB Internationalization and RMB Offshore Markets Development

RMB Internationalization and RMB Offshore Markets Development RMB Internationalization and RMB Offshore Markets Development Dr. Qin Xiao Former Chairman, China Merchants Group and China Merchants Bank Council Member, Hong Kong Financial Services Development Council

More information

Boom time for the offshore RMB bond market

Boom time for the offshore RMB bond market Boom time for the offshore RMB bond market More centres of issuance, easier access for international investors and the step-by-step relaxation of capital controls - all spell surging growth for China s

More information

Country Finance Hong Kong

Country Finance Hong Kong Brochure More information from http://www.researchandmarkets.com/reports/2139103/ Description: In June 2011 the Hong Kong Monetary Authority (HKMA-the central bank) took further measures to curb property

More information

Citibank Japan, LTD ( CJL ) 2-3-14 Higashi-shinagawa, Shinagawa-ku, Tokyo Representative Director, President & CEO Darren Buckley

Citibank Japan, LTD ( CJL ) 2-3-14 Higashi-shinagawa, Shinagawa-ku, Tokyo Representative Director, President & CEO Darren Buckley Financial Publication for Fiscal Year Ended March 31, 2009 June 30, 2009 Citibank Japan, LTD ( CJL ) 2-3-14 Higashi-shinagawa, Shinagawa-ku, Tokyo Representative Director, President & CEO Darren Buckley

More information

Financial infrastructure in Hong Kong. Foreword. Foreword

Financial infrastructure in Hong Kong. Foreword. Foreword Contents Page Foreword 28 Introduction 30 Importance of financial infrastructure 31 Strategic objective 32 Financial infrastructure in Hong Kong 34 Payment systems 35 Debt securities settlement system

More information

Introductory Guide to RMB Currency Futures

Introductory Guide to RMB Currency Futures Introductory Guide to RMB Currency Futures RMB Internationalisation The opening up of Mainland China now is creating more and more business opportunities. China is the second largest economy and a major

More information

Overview of Offshore RMB

Overview of Offshore RMB Overview of Offshore RMB Jaunary 214 Lee Beng-Hong Head of Markets, China Macro background Liberalization of RMB China fully liberalized the use of RMB for cross border trade settlement in March 212 close

More information

International Payments

International Payments International Payments Copyright Moneynetint. All Rights Reserved MoneyNet international Ltd was established in 2005, providing companies and individuals with a full range of foreign exchange and payment

More information

Introduction to KB Corporate & Investment Banking Group. Oct 2011

Introduction to KB Corporate & Investment Banking Group. Oct 2011 Introduction to Corporate & Investment Banking Group Oct 2011 Table of Contents I. Financial Group II. Kookmin Bank III. Corporate & Investment Banking Group IV. Contact Information 1 I. Financial Group

More information

Cash Flow Hedge Basics, Interest Rate Swap Valuations & Foreign Currency Topics. Presented By: Ruth Hardie & Jim Shepard

Cash Flow Hedge Basics, Interest Rate Swap Valuations & Foreign Currency Topics. Presented By: Ruth Hardie & Jim Shepard Cash Flow Hedge Basics, Interest Rate Swap Valuations & Foreign Currency Topics Presented By: Ruth Hardie & Jim Shepard Agenda CNH vs. CNY: ASC 830 & ASC 815 Implications Valuing an Interest Rate Swap

More information

Joint Application Form for the CAMPUS Asia

Joint Application Form for the CAMPUS Asia Joint Application Form for the CAMPUS Asia ( 別 添 4) Attachment4 (Attached form) 1. Project Title * Specify Field of Exchange 2. Name of the Persons Responsible for the Project Chinese Name of Name Affiliation

More information

CHAPTER 11 MONEY BROKERS

CHAPTER 11 MONEY BROKERS CHAPTER 11 MONEY BROKERS Introduction 11.1 The MA, pursuant to section 118C(7) of the Ordinance, has issued a Guideline on Approval and Revocation of Approval of Money Brokers (the Guideline) which describes

More information

Working Group on U.S. RMB Trading and Clearing New York, January 2016. Discussion Outline: Possible RMB Clearing Operating Models

Working Group on U.S. RMB Trading and Clearing New York, January 2016. Discussion Outline: Possible RMB Clearing Operating Models Working Group on U.S. RMB Trading and Clearing New York, January 2016 Discussion Outline: Possible RMB Clearing Operating Models The purpose of this note to is to introduce possible RMB clearing operating

More information

Article 12.3 (Most-Favored-Nation Treatment); Article 12.4 (Market Access for Financial Institutions); Article 12.5 (Cross-Border Trade); or

Article 12.3 (Most-Favored-Nation Treatment); Article 12.4 (Market Access for Financial Institutions); Article 12.5 (Cross-Border Trade); or ANNEX III FINANCIAL SERVICES NON-CONFORMING MEASURES SCHEDULE OF KOREA INTRODUCTORY NOTE 1. The Schedule of Korea in this Annex sets out: (a) (b) headnotes that limit or clarify the commitments of Korea

More information

5. I already have a CDP account. How do I trade my shares using my Linc Energy Shares?

5. I already have a CDP account. How do I trade my shares using my Linc Energy Shares? 1. Why have I received a Linc Energy share certificate? You have received Linc Energy share certificates following Linc Energy listing on the Singapore Securities Exchange Limited (SGX) on 18 December

More information

TURKISH FINANCIAL MARKETS IN PRACTISE

TURKISH FINANCIAL MARKETS IN PRACTISE TURKISH FINANCIAL MARKETS IN PRACTISE SECOND MEETING OF TURKISH-RUSSIAN WORKING GROUP ON BANKING AND FINANCIAL COOPERATION September 2011 EMEL GÜNEŞ HEAD OF TREASURY, DENIZBANK TURKISH FINANCIAL SECTOR:

More information

ECONOMIC REVIEW(A Monthly Issue) March, April, 2015 2014

ECONOMIC REVIEW(A Monthly Issue) March, April, 2015 2014 ECONOMIC REVIEW(A Monthly Issue) March, April, 2015 2014 Economics & Strategic Planning Department http://www.bochk.com Effects The of Reasons CNH Exchange Why the Rate Singapore on Offshore Economy RMB

More information

Market assessment report: Reuters Transaction Services Limited

Market assessment report: Reuters Transaction Services Limited REPORT 181 Market assessment report: Reuters Transaction Services Limited ARBN 108 137 766 November 2009 About this report This report summarises ASIC s fifth annual assessment of Reuters Transaction Services

More information

CLS Bank International 39 Broadway 29th Floor New York NY 10006

CLS Bank International 39 Broadway 29th Floor New York NY 10006 Alan Bozian President and Chief Executive Officer CLS Bank International 39 Broadway 29th Floor New York NY 10006 Tel: +1 212 943 2293 Fax: +1 212 363 6998 abozian@cls-bank.com United States Department

More information

The Financial Markets Division of a Bank

The Financial Markets Division of a Bank Chapter 1 The Financial Markets Division of a Bank A bank s financial markets division carries out financial markets transactions on behalf of the bank. These transactions have to do with the various tasks

More information

HSBC Foreign Exchange Solutions

HSBC Foreign Exchange Solutions HSBC Foreign Exchange Solutions Connecting Connecting you you to to opportunities opportunities around around the the world world The world is getting smaller every day, day. opportunities Opportunities

More information

Experts Workshop Payment Systems and Capacity Building in OIC Member Countries. Payment Systems in Malaysia. Istanbul 26 Sept 2010

Experts Workshop Payment Systems and Capacity Building in OIC Member Countries. Payment Systems in Malaysia. Istanbul 26 Sept 2010 Experts Workshop Payment Systems and Capacity Building in OIC Member Countries Payment Systems in Malaysia Istanbul 26 Sept 2010 1 Payment and settlement systems in Malaysia Commercial Banks, Islamic Banks,

More information

Consolidated Financial Results

Consolidated Financial Results UFJ Holdings, Inc. November 25, 2003 For the Six Months Ended September 30, 2003 UFJ Holdings, Inc. today reported the company's consolidated financial results for the six months ended September 30, 2003.

More information

p r o v i d i n g c o n f i d e n c e t h r o u g h p e r f o r m a n c e

p r o v i d i n g c o n f i d e n c e t h r o u g h p e r f o r m a n c e Hong Kong Services p r o v i d i n g c o n f i d e n c e t h r o u g h p e r f o r m a n c e HOW TRIDENT TRUST CAN ASSIST YOU IN HONG KONG Trident Trust has had a multilingual presence in Hong Kong for

More information

Important Facts Statement

Important Facts Statement Bank of China (Hong Kong) Limited Important Facts Statement Currency Linked Deposits - Premium Deposits Currency Linked Deposits 13 April 2015 This is a structured investment product which is NOT protected

More information

Buyers Guide to RMB Bonds. Main author: Bryan Collins

Buyers Guide to RMB Bonds. Main author: Bryan Collins Buyers Guide to RMB Bonds Main author: Bryan Collins RMB bond investors need to do their homework first The RMB bond market is a relatively new and exciting investment opportunity, with RMB bond having

More information

Financing in China. Export Development Canada. November, 2012. Chris Evans, Ontario Region

Financing in China. Export Development Canada. November, 2012. Chris Evans, Ontario Region Financing in China Export Development Canada Chris Evans, Ontario Region November, 2012 About Export Development Canada (EDC) Canada s Export Credit Agency Crown corporation wholly owned by Government

More information

24 th Year of Publication. A monthly publication from South Indian Bank. To kindle interest in economic affairs... To empower the student community...

24 th Year of Publication. A monthly publication from South Indian Bank. To kindle interest in economic affairs... To empower the student community... Experience Next Generation Banking To kindle interest in economic affairs... To empower the student community... www.sib.co.in ho2099@sib.co.in A monthly publication from South Indian Bank 24 th Year of

More information

INFORMATION NOTE. The development of government bond market in Singapore

INFORMATION NOTE. The development of government bond market in Singapore INFORMATION NOTE The development of government bond market in Singapore 1. Background 1.1 Announced in the 2009-2010 budget speech by the Financial Secretary, the Government intends to implement a programme

More information

The Future Growth of Stocks and Investments in Thailand

The Future Growth of Stocks and Investments in Thailand 35 th Bangkok International Motor Show 2014 The Future Growth of Stocks and Investments in Thailand Mr. Charamporn Jotikasthira President The Stock Exchange of Thailand March 2014 I. SET: Overview The

More information

How To Resolve A Bank In The United States

How To Resolve A Bank In The United States Chang Hwa Commercial Bank, Ltd. Dodd-Frank Act Section 165(d) Resolution Plan Part I: Public Section Glossary Banking Act The Banking Act of the Republic of China. CBC Central Bank of China of the Republic

More information

Ministry of Gender Equality and Family Republic of Korea

Ministry of Gender Equality and Family Republic of Korea www.mogef.go.kr Women, Youth and Family Creating a Brighter World Together Ministry of Gender Equality and Family Republic of Korea Welcome to the Happiness Project for women, youths and families. Offering

More information

Transactions Reported by U.S. Banks and Securities Brokers

Transactions Reported by U.S. Banks and Securities Brokers 108 Transactions Reported by U.S. Banks and Securities Brokers In this section: Coverage and definitions Estimation methods overview U.S. claims reported by U.S. banks and securities brokers Own accounts

More information

The RMB market in France Becoming a global currency

The RMB market in France Becoming a global currency The RMB market in France Becoming a global currency 元 (Renminbi): BECOMING A GLOBAL CURRENCY Over the last few years, the Renminbi (RMB) internationalization has been growing steadily. Measures have been

More information

An Introduction to Securities Lending

An Introduction to Securities Lending An Introduction to Securities Lending Dominick Falco Risa Muroi PASLA / RMA Conference On Asian Securities Lending W Taipei / Taipei, Taiwan / March 2012 The Pan Asian Securities Lending Association PASLA

More information

Asian banks and the international interbank market 1

Asian banks and the international interbank market 1 Robert N McCauley +852 2878 716 robert.mccauley@bis.org Jens Zukunft +852 215 8716 jens.zukunft@diplo.de Asian banks and the international interbank market 1 Banks in the Asian economies most affected

More information

ECONOMIC REVIEW(A Monthly Issue) October, April, 2014

ECONOMIC REVIEW(A Monthly Issue) October, April, 2014 ECONOMIC REVIEW(A Monthly Issue) October, April, 2014 Economics & Strategic Planning Department http://www.bochk.com Latest The Reasons Developments Why the of the Singapore Offshore Economy RMB Bond Has

More information

The U.S. dollar continues to be a primary beneficiary during times of market stress. In our view:

The U.S. dollar continues to be a primary beneficiary during times of market stress. In our view: WisdomTree ETFs BLOOMBERG U.S. DOLLAR BULLISH FUND USDU Over the past few years, investors have become increasingly sophisticated. Not only do they understand the benefits of expanding their holdings beyond

More information

The Global Development of RMB Forex Futures, and TAIFEX s RMB Forex Futures Products

The Global Development of RMB Forex Futures, and TAIFEX s RMB Forex Futures Products The Global Development of RMB Forex Futures, and TAIFEX s RMB Forex Futures Products (Updated October 1, 2015) Global products utilize a variety of underlyings, including individual stocks, stock indexes,

More information

Omgeo Asset Class Coverage

Omgeo Asset Class Coverage Equity Ownership interest in a corporation in the form of common stock or preferred stock. Common Stock American Depositary Receipts (ADR) Global Depositary Receipts (GDR) Exchange Traded Funds (ETF) As

More information

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA BOARD RESOLUTION No. 39

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA BOARD RESOLUTION No. 39 THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA BOARD RESOLUTION No. 39 Adopted on February 9, 2007 ON APPROVAL OF REGULATION 2 ON REGULATION OF BANKING, PRUDENTIAL STANDARDS FOR BANKING By virtue of the Law

More information

ASEAN Capital Market Integration and Lessons from the European Union

ASEAN Capital Market Integration and Lessons from the European Union ASEAN Capital Market Integration and Lessons from the European Union 44 th IAFEI World Congress: Global Recovery Amidst Reforms Makati Shangri-la 16 October 2014 Thiam Hee Ng, Senior Economist Asian Development

More information

Overview of RMB Internationalisation

Overview of RMB Internationalisation Overview of RMB Internationalisation Candy Ho Head of RMB Business Development, Asia Pacific Date: 8 May 2013 Why is RMB important? China overtook US as the largest goods trading nation in 2012 China:

More information

Danske Markets, CIB & Equities

Danske Markets, CIB & Equities Capital Markets Day 4 December 2002 Danske Markets, CIB & Equities www.danskebank.com 1 Mission Statement Danske Bank wants to be a dominant Scandinavian trading bank with a broad European product palette

More information

Connecting you to opportunities around the world. HSBC Foreign Exchange Solutions

Connecting you to opportunities around the world. HSBC Foreign Exchange Solutions Connecting you to opportunities around the world HSBC Foreign Exchange Solutions REACH OUT TO THE WORLD The world is getting smaller every day. Opportunities await us everywhere. Be it investing globally,

More information

1H FY2002 Earnings Review

1H FY2002 Earnings Review Shaper of Korean Financial Services Industry Daewoo Securities Co., Ltd. (KS:06800) IR Team irteam@bestez.com Hong-Wook Kim, Manager +82-2-768-3917 wookie@bestez.com Haejin Chang +82-2-768-3918 haejin77@bestez.com

More information

TREASURY PRODUCTS AND SERVICES MANAGING FINANCIAL RISKS, ENHANCING RETURNS, ACHIEVEING INVESTMENT GOALS 2016

TREASURY PRODUCTS AND SERVICES MANAGING FINANCIAL RISKS, ENHANCING RETURNS, ACHIEVEING INVESTMENT GOALS 2016 TREASURY PRODUCTS AND SERVICES MANAGING FINANCIAL RISKS, ENHANCING RETURNS, ACHIEVEING INVESTMENT GOALS 2016 CONTENT PIRAEUS BANK BULGARIA RELIABLE PARTNER IN THE PRESENT VOLATILE FINANCIAL WORLD FOREIGN

More information

How To Know The Rules Of The Euro Zone Currency Market

How To Know The Rules Of The Euro Zone Currency Market UBS AG Postfach CH-8098 Zürich Tel. +41-44-234 11 11 www.ubs.com Foreign Exchange and Precious Metals Material Economic Terms (METS) Table of Contents 1. GENERAL FOREIGN EXCHANGE & PRECIOUS METALS METS...3

More information

Frequently Asked Questions

Frequently Asked Questions Frequently Asked Questions 1. Corporate Information 1.1 What is BDO s corporate name? The Bank changed its corporate name to BDO Unibank, Inc. effective 4 November 2011. However, the Bank does business

More information

IV. Special feature: Foreign currency deposits of firms and individuals with banks in China

IV. Special feature: Foreign currency deposits of firms and individuals with banks in China Robert N McCauley (+852) 2878 71 RMcCauley@bis.org.hk YK Mo (+852) 2878 71 IV. Special feature: deposits of firms and individuals with banks in China In principle, an economy with capital controls can

More information

Your partner. in Hong Kong

Your partner. in Hong Kong Your partner in Hong Kong About our firm Midland Consult (Hong Kong) Limited, was set up in 2009 and it s a subsidiary which forms a part of Midland Group of companies a highly skilled professional corporate

More information

The foreign exchange and derivatives markets in Hong Kong

The foreign exchange and derivatives markets in Hong Kong The foreign exchange and derivatives markets in Hong Kong by the Banking Supervision Department The results of the latest triennial global survey of turnover in the markets for foreign exchange (FX) and

More information

Comment Letter in Response to REG-139483-13 Regarding Certain Transfers of Property by U.S. Persons to Foreign Corporations

Comment Letter in Response to REG-139483-13 Regarding Certain Transfers of Property by U.S. Persons to Foreign Corporations December 15, 2015 By Electronic Submission 1111 Constitution Avenue NW. Washington, DC 20224 Attn: CC:PA:LPD:PR (REG-139483-13) Re: Comment Letter in Response to REG-139483-13 Regarding Certain Transfers

More information

Overview of Asian Insurance Markets

Overview of Asian Insurance Markets Overview of Asian Insurance Markets Simon Walpole Session Number: TPS2 Joint IACA, IAAHS and PBSS Colloquium in Hong Kong www.actuaries.org/hongkong2012/ Market Ranking in Asia Notes: 1. Colored boxes

More information

Toward Further Development of the Tokyo Financial Market: Issues on Repo Market Reform

Toward Further Development of the Tokyo Financial Market: Issues on Repo Market Reform May 13, 2015 Bank of Japan Toward Further Development of the Tokyo Financial Market: Issues on Repo Market Reform Keynote Speech at the Futures Industry Association Japan (FIA Japan) Financial Market Conference

More information

FRIEDLAND CAPITAL INC. GUIDE TO AMERICAN DEPOSITARY RECEIPTS

FRIEDLAND CAPITAL INC. GUIDE TO AMERICAN DEPOSITARY RECEIPTS FRIEDLAND CAPITAL INC. GUIDE TO AMERICAN DEPOSITARY RECEIPTS With global economies increasingly intertwined, it shouldn t come as a surprise that large numbers of non-us corporations have sought access

More information

Russian RUB FX spot & derivatives markets in 2014

Russian RUB FX spot & derivatives markets in 2014 Russian RUB FX spot & derivatives markets in 2014 Dmitry Piskulov, Ph.D. (econ.) Chairman of NFEA Board; Member of Monetary Policy Council of Association of regional banks Russia Moscow, 20 November 2014

More information

ACI Operations Certificate (010) Syllabus & Reading List

ACI Operations Certificate (010) Syllabus & Reading List ACI Operations Certificate (010) Syllabus & Reading List Setting the benchmark in certifying the financial industry globally 8 Rue du Mail, 75002 Paris - France T: +33 1 42975115 - F: +33 1 42975116 -

More information

Industrial and Commercial Bank of China Limited Dealing frequency: Daily on each business day *

Industrial and Commercial Bank of China Limited Dealing frequency: Daily on each business day * APRIL 2016 This statement provides you with key information about Income Partners RMB Bond Fund (the Sub-Fund ). This statement is a part of the offering document and must be read in conjunction with the

More information

Notes to the Consolidated Financial Statements for the 92nd Fiscal Term. Notes to the Non-Consolidated Financial Statements for the 92nd Fiscal Term

Notes to the Consolidated Financial Statements for the 92nd Fiscal Term. Notes to the Non-Consolidated Financial Statements for the 92nd Fiscal Term To Those Shareholders with Voting Rights Notes to the Consolidated Financial Statements for the 92nd Fiscal Term Notes to the Non-Consolidated Financial Statements for the 92nd Fiscal Term The above documents

More information

Statistical definitions for the foreign exchange market (FX) reporting

Statistical definitions for the foreign exchange market (FX) reporting Statistical definitions for the foreign exchange market (FX) reporting The foreign exchange market (FX) reporting covers the turnover of foreign exchange and turnover of short term interest rate derivatives

More information

INDUSTRIAL AND COMMERCIAL BANK OF CHINA ICBC: Your Global Portal to RMB Market. July 2012

INDUSTRIAL AND COMMERCIAL BANK OF CHINA ICBC: Your Global Portal to RMB Market. July 2012 ICBC: Your Global Portal to RMB Market July 2012 Content General Introduction Investment in RMB Services Solution 1 General Introduction to Renminbi (RMB) RMB Renminbi (commonly abbreviated as RMB) is

More information

Impact of Treasury s OTC Derivatives Legislation on the Foreign Exchange Market. Corporations participate in the foreign exchange market to:

Impact of Treasury s OTC Derivatives Legislation on the Foreign Exchange Market. Corporations participate in the foreign exchange market to: ISDA International Swaps and Derivatives Association, Inc. 360 Madison Avenue, 16th Floor New York, NY 10017 United States of America Telephone: 1 (212) 901-6000 Facsimile: 1 (212) 901-6001 email: isda@isda.org

More information

DENOMINATIONS OF BANKNOTES & COINS

DENOMINATIONS OF BANKNOTES & COINS BANKING GUIDE FOR EXPATS IN KOREA For expatriates, living in Korea can still be challenging at times. Although the country has become increasingly foreigner-friendly, with English-language street signs,

More information

Ch. 6 The Foreign Exchange Market. Foreign Exchange Markets. Functions of the FOREX Market

Ch. 6 The Foreign Exchange Market. Foreign Exchange Markets. Functions of the FOREX Market Ch. 6 The Foreign Exchange Market Topics FOREX (or FX) Markets FOREX Transactions FOREX Market Participants FOREX Rates & Quotations Cross Rates and Arbitrage Foreign Exchange Markets The FOREX market

More information

OUR HISTORY, RESTRUCTURING AND OPERATIONAL REFORM

OUR HISTORY, RESTRUCTURING AND OPERATIONAL REFORM OUR HISTORY We were established in 1951 as an agricultural cooperative bank. In the 1950s, as a specialized subsidiary bank of the PBOC, we assumed the functions of organizing and promoting rural financial

More information

Colombia Regulation. 2.1 Type of funds. Collective portfolios. According to the Colombian legislation, the main types of investment funds are:

Colombia Regulation. 2.1 Type of funds. Collective portfolios. According to the Colombian legislation, the main types of investment funds are: Colombia Regulation FUNDS AND FUND MANAGEMENT 2010 2.1 Type of funds According to the Colombian legislation, the main types of investment funds are: Collective portfolios A collective portfolio is a mechanism

More information

Schroder International Opportunities Portfolio - Schroder Asian Income (the Fund )

Schroder International Opportunities Portfolio - Schroder Asian Income (the Fund ) This Product Highlights Sheet is an important document. It highlights the key terms and risks of this investment product and complements the Prospectus¹. It is important to read the Prospectus before deciding

More information

Cheol S.Eun, Bruce G. Resnick, and Sanjiv Sabherwal. International Finance. McGraw Hill. 6th edition, Global Edition.

Cheol S.Eun, Bruce G. Resnick, and Sanjiv Sabherwal. International Finance. McGraw Hill. 6th edition, Global Edition. FIN3120D FOREIGN EXCHANGE TRADING Semester 2, 2015/16 (January May, 2016) Instructor: Adjunct Associate Professor Chew Loy Cheow Office: BIZ2 03 17 Email: bizclch@nus.edu.sg Class hours: 11.00am 2.00pm,

More information

GLOBAL BANKING AND MARKETS

GLOBAL BANKING AND MARKETS GLOBAL BANKING AND MARKETS SUMMER INTERNSHIP OPPORTUNITIES ASIA PACIFIC Are you looking for a challenging but rewarding summer opportunity? There s no better place to be than HSBC! A summer internship

More information

Council of Local Authorities for International Relations

Council of Local Authorities for International Relations Council of Local Authorities for International Relations Index The Council of Local Authorities for International Relations 1 The JET Programme 3 CLAIR s International Network 4 Building International

More information

The Danish Foreign-Exchange Market

The Danish Foreign-Exchange Market 33 The Danish Foreign-Exchange Market by Henrik Smed Krabbe, Market Operations Department and Lisbeth Stausholm Pedersen, Economics Department The foreign-exchange market is a market for purchase and sale

More information

1 October 2015. Statement of Policy Governing the Acquisition and Management of Financial Assets for the Bank of Canada s Balance Sheet

1 October 2015. Statement of Policy Governing the Acquisition and Management of Financial Assets for the Bank of Canada s Balance Sheet 1 October 2015 Statement of Policy Governing the Acquisition and Management of Financial Assets for the Bank of Canada s Balance Sheet Table of Contents 1. Purpose of Policy 2. Objectives of Holding Financial

More information

Non-Deliverable Forward Transactions. Product Disclosure Statement

Non-Deliverable Forward Transactions. Product Disclosure Statement Non-Deliverable Forward Transactions Product Disclosure Statement Issued by Westpac Banking Corporation Australian Financial Services Licence No. 233714 ABN 33 007 457 141 8 October 2009 1 Table of Contents

More information

INSURANCE DEVELOPMENT PLAN Volume II (2010-2014)

INSURANCE DEVELOPMENT PLAN Volume II (2010-2014) INSURANCE DEVELOPMENT PLAN Volume II (2010-2014) 1 PREFACE The Insurance industry plays a significant role in the social and economic development of a nation, serving as a contributing source of long-

More information

Gateway to China: How using the renminbi could transform your China business

Gateway to China: How using the renminbi could transform your China business Gateway to China: How using the renminbi could transform your China business The rise of renminbi Over the past three decades, China s GDP has grown at an average rate of 10% a year moving the country

More information

What happened so far?

What happened so far? Marcus Wassmuth June 15th, 2011 Use of CNY in International Trade Settlement German Chamber Shanghai Workshop Controlling Marcus Wassmuth, June 15th, 2011, Page 1 Titel der Präsentation, Referent, Seite

More information

Deutsche Bank Global Transaction Banking. Securities Services. Overview

Deutsche Bank Global Transaction Banking. Securities Services. Overview Deutsche Bank Global Transaction Banking Direct Securities Services Securities Services Overview Finding the right custodian with a long-term commitment to supporting its clients business is critical for

More information

Updated Regulations regarding Withholding Tax in China

Updated Regulations regarding Withholding Tax in China Updated Regulations regarding Withholding Tax in China Fiona Fan Director, Accounting Services NCO China Oct 13, 2010 Agenda Key concepts and regulations about withholding tax in China Relationship between

More information

Tackle for the Dream. April 2013

Tackle for the Dream. April 2013 Medium Term Management Plan Tackle for the Dream April 2013 Table of Contents t 1. Background and Positioning of the Medium Term Management Plan P2 2. Outline of the Medium Term Management Plan P3 3. Financial

More information

Hong Kong Company Compliance Requirements and Costs

Hong Kong Company Compliance Requirements and Costs Shenzhen Office, China Room 2508, Shenhua Comm. Bldg., 2018 Jiabin Road, Luohu District, Shenzhen Tel: +86 755 8268 4480 Fax: +86 755 8268 4481 Shanghai Office, China Room 1022, Yunsun Tower 2025 Zhongshan

More information

Market compass for China. The coming wave of globalisation

Market compass for China. The coming wave of globalisation Market compass for China The coming wave of globalisation The People s Republic of China An exceptional set of records For the past two decades, China s economy has reshaped the world with double digit

More information

Singapore s policy of non-internationalisation of the Singapore dollar and the Asian dollar market

Singapore s policy of non-internationalisation of the Singapore dollar and the Asian dollar market Singapore s policy of non-internationalisation of the Singapore dollar and the Asian dollar market Ong Chong Tee 1. Introduction This paper provides a brief review of Singapore s experience with its policy

More information