ANALYSIS: RMB internationalisation drives interest in regional derivatives market

20th November, 2025

Karry Lai
Ornate golden door knocker on red traditional Chinese door with brass studs.

A panel of experts has said the over-the-counter (OTC) Swap Connect platform has provided a boost to the renminbi-denominated interest rate swaps market, with some calling for the development of bond futures to harness demand.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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