HSBC does first legally binding trades on BondsInAsia

Trading to continue between shareholder banks ahead of full-scale launch.

HSBC has completed its first live trades on the BondsInAsia trading platform, marking the start of legally binding online trades in the first three BondsInAsia markets Hong Kong, Singapore and the G3 currencies US dollar, yen and euro.

Currently trading is taking place only between the BondsInAsia's five shareholder banks, building on the system testing that has been carried over the past few months in which dummy trades have been executed over...

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