ICBC first Chinese bank to use Thomson Reuters' Electronic Trading
TR’s FX solution will make it easier for ICBC to quote prices to its customers throughout Asia
In a bid to strengthen its presence in the foreign exchange market, the Singapore branch of the Industrial and Commercial Bank of China (ICBC) is set to adopt Thomson Reuters' Electronic Trading solution, the first Chinese bank to do so.
ICBC's Singapore branch is the official clearing bank for offshore renminbi (CNH) and has a strong worldwide customer base in the treasury, asset management, corporate banking and trade finance sectors.
"As China's largest bank and the official CNH clearing bank
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