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Cross-currency swaps added to LCH SwapAgent LONDON, Nov 30 (IFR) - Credit Suisse and Deutsche Bank have completed the first cross-currency basis swap on LCH's SwapAgent platform for uncleared derivatives trades. Through SwapAgent, LCH aims to bring efficiency savings to bilateral instruments by providing many of the processes that have ...
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Bitcoin's value has shot up 1000% this year but experts fear the online currency - loved by crooks ... Unlike other currencies, issued by banks and heavily regulated by governments, Bitcoins — which were invented in 2009 — are untraceable and can be exchanged anonymously, with anyone in the world, at the click of a mouse. That means they occupy a medium far beyond the reach of either the ...
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