ICAP and Wind Info to host Chinese renminbi conference in Nanning, China

19 August 2015
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Hong Kong, 19 August 2015 – ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces that ICAP Information Services (IIS) and Wind Information Co., Ltd (Wind Info), a leading provider of financial data, will host a joint conference on Thursday, 20 August 2015 in Nanning, China.

The event will gather over 50 industry experts at The Nanning Marriott Hotel to discuss the opportunities and challenges arising from the escalating internationalization of the renminbi and its growing global influence. The conference will cover market data sharing from ICAP and Wind on cross-border renminbi transactions, as well as offshore renminbi forward foreign exchange transactions and will give a broader picture of the region by introducing FX opportunities with emerging markets, such as with the Vietnamese dong and the Thai baht.

Mr. Yan Lei, senior VP of Wind Info, who delivered the keynote address at the opening plenary, said: “Wind Info is constantly looking to extend its services across the financial markets and we are glad to have a partner like ICAP, who has extensive knowledge of the onshore and offshore renminbi markets. We will continue to bring strong market insights to our clients and help them grow their businesses.”

Benny Luk, Regional CEO, North Asia, ICAP, said: “We are pleased to see our Chinese renminbi events with Wind Info continue to be well received by market practitioners. With the renminbi steadily becoming a globalized currency, we are confident that our financial clients will continue to benefit from our reliable and extensive data.”

In January 2015, ICAP and Wind Info entered into a partnership to provide offshore Chinese renminbi (CNH) and US Treasury data to the Chinese market. Through the cooperation, Wind Info’s clients which include securities, fund management, investment and insurance companies, banks, financial research institutions and regulatory committees, have access to offshore market data. At the same time, clients of ICAP can access USD/CNH Fwd, USD/CNH Spot, USD/CNY NDF, US Treasury EOD data via Wind Financial Terminals (WFT), 24 hours a day, seven days a week.

IIS is the market data & price information division of ICAP Group and delivers independent OTC data solutions to financial professionals. With over 400 million updates per day and constant advances in product complexity, ICAP’s data is the intelligence behind algorithmic trading, research models, risk and compliance applications and portfolio pricing and management.

Contacts

Bryony Scragg Communications UK +44 (0)20 7050 7124
Jasmine Yap Citigate Dewe Rogerson (Asia) +852 3013 0118

About IIS
IIS sits within ICAP’s Post Trade Risk and Information division which provides innovative services that enable customers to reduce cost and risk, as well as to increase efficiency, return on capital and capacity to process trades.

About ICAP
ICAP is a leading markets operator and provider of post trade risk mitigation and information services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, FX, emerging markets and equity derivatives through voice and electronic networks. Through its post trade risk mitigation and information services ICAP helps customers manage and mitigate risks in their portfolios. For more information, go to www.icap.com.

Contact Us

Bryony Scragg
Media Relations - NEX
bryony.scragg@nex.com 0207 818 9689 LinkedIn
Bryony scragg

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