Barclays has announced the launch of the first live and electronic execution of interest rate swaps on multiple Mena currencies.
Accessible through Barclays trading platform BARX, via Bloomberg, clients can either click-and-trade or reques
Iran is in talks to increase oil swap deals with its northern neighbours, oil ministry news agency Shana quoted the director of state oil company NIOC as saying.
Ahmad Qalebani, director of state-run National Iranian Oil Company, said Iran
The volume of iron ore derivative contracts cleared using The Steel Index (TSI’s) iron ore price index hit a new record of over 6.6 million tonnes in August registering an increase of over 50 per cent on the previous monthly record set in July.
Exchange of Futures for Swaps (EFS) for May jumped to $2.50 a barrel on Thursday, the highest level since December 2008 when Opec producers began record supply curbs, traders said.
This raised the issue of whether Asian refiners would redu