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Screenshot of a breaking news alert e-mail from Q2 2017
FXPRIMUS is pleased to announce the addition of Offshore RMB (USD/CNH) & Turkish Lira (USD/TRY) to its clients
In a constant pursuit towards diversifying its product offering, FXPRIMUS is pleased to announce the addition of Offshore RMB (USD/CNH) & Turkish Lira (USD/TRY) to its clients.
CNH is an offshore version of the RMB introduced by the Hong Kong Monetary Authority and People’s Republic Bank of China which allows investors outside of mainland China to gain exposure to the RMB.
TRY, being the primary currency in Turkey has been in demand in recent months due to the volatility in Syria, CBRT plans and concerns about policy of the US Federal Reserve, which leads to attracting money to emerging markets.
“We are always looking to provide our clients with a wide array of products to trade whether it be CFD’s or FX, and by offering an instrument such as USD/CNH, it allows them to participate in maturing markets,” said Terry Thompson, President of FXPRIMUS.