China: PBOC moves into FX swaps

In an historic move in late November, the People’s Bank of China, the country’s central bank, conducted the first ever swap of renminbi with the US dollar, a move that it intends to repeat fortnightly.

FX Debate: How to choose the right style for alpha

Everyone seems to be making the decision to seek alpha in foreign exchange, but what does that entail? Leading figures in the FX market debate how to combine systematic and discretionary risk allocation, the importance of choosing the right managers, understanding volatility and whether or not the sell side has helped the transition to alpha.

What does Hong Kong Inc get out of the WTO jamboree?

The security for the sixth ministerial conference was intense but Korean protesters were still able to set off a police fishing operation and the director-general did not escape a barracking, while residents wonder what it’s all for.