Isda adds 4pm fixing time for HK$

"Isda and its partners in the IsdaFix par-rate service are responding to increased market demand for reliable rate fixings in this growing market," said Robert Pickel, executive director and chief executive of Isda. "As volumes in privately negotiated derivatives around the globe continue to climb, we at Isda endeavour to respond to market needs wherever appropriate."

IsdaFix, Isda’s par-rate screen service, was introduced in 1997 to facilitate swaps terminations and the valuation of cash-set