US stock changes affect Asia forex trades

A shortening of US stock settlement window next week is expected to upend trading for Asian money managers, pushing some to secure funds in the early hours of their mornings when currency markets are at their thinnest and most jumpy.

From May 28, investors from Singapore, Tokyo or Seoul who buy US shares during…

Source link

About mysme

Check Also

CELEBRATING SONGKET IN THE UNITED STATES, Business Wires News

WASHINGTON, Oct. 1, 2024 /PRNewswire/ — Songket, Malaysia’s prized traditional textile, will take center stage …

Leave a Reply

Your email address will not be published. Required fields are marked *