Credit Lyonnais is considering launching a callable interest rate derivatives trading book in Taiwan in the coming months on the back of growing market sophistication. "We're moving from one-off products to a more active market," said Frédéric Lainé, Asian head of fixed income and derivatives in Hong Kong.
The firm has already set up trading books in Hong Kong, Singapore and Korea. "We hope the trend materializes in the rest of the region--eventually from Taiwan to India," he added.
