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Huawei Launches the Mobile Payment and Micro Finance Solution, Facilitating Financial Inclusion – Yahoo Finance

SHENZHEN, China, Sept. 27, 2021 /PRNewswire/ — Huawei launched a financial inclusion solution featuring mobile payment and micro finance at HUAWEI CONNECT 2021. The solution helps financial institutions provide fast and affordable services, bringing the world a step closer to financial inclusion. Huawei will continue working with ecosystem partners and using new ICTs to advance […]

COFCO Futures Partners With Trading Technologies To Provide Connectivity To Chinese Derivatives Markets Via The TT® Platform – Exchange News Direct

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and COFCO Futures Co., Ltd. (COFCO Futures), a prominent mainland China clearing broker, today announced they have entered into an agreement to provide connectivity to the Chinese derivatives markets through the TT platform. COFCO will support access to […]

Traders take up derivatives tied to Libor replacement – Financial Times

Libor transition updates Sign up to myFT Daily Digest to be the first to know about Libor transition news. Lenders have been slow to adopt the official substitute for the scandal-tarred Libor interest-rate benchmark, but derivatives traders are now giving it an enthusiastic welcome.  Action in futures, options and swaps markets tied to the new […]

Derivatives Set for $15 Trillion Switch in Libor Test Run – Bloomberg

Global banks are about to get a comprehensive blueprint for how derivatives worth several hundred trillion dollars may be finally disentangled from the London Interbank Offered Rate. Clearing houses are preparing a synchronized shift of about 13 trillion euros ($15 trillion) of interest-rate swaps to the new euro short-term rate, ESTR, next month. The process […]