Tag: China Construction Bank

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October 21, 2016 BY Valentina Kirilova

CME Group and Thomson Reuters welcome Morgan Stanley as new LBMA Silver Price participant

International derivatives marketplace CME Group Inc (NASDAQ:CME) and business information giant Thomson Reuters Corp (NYSE:TRI) have announced that Morgan Stanley (NYSE:MS) has joined the LBMA Silver Price as a new member. CME Group and Thomson Reuters operate the Silver Price. The financial services firm Morgan Stanley will be the seventh participant joining China Construction Bank, HSBC Bank…

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September 28, 2016 BY Mike Fox

China Construction Bank appoints SIX for Swiss Renminbi Clearing

China Construction Bank (CCB), China’s second largest commercial bank and the only authorized Renminbi Clearing Bank in Switzerland, announced its plans to work more closely with SIX Securities Services, the Swiss post-trade infrastructure. This cooperation has so far led to CCB and its Zurich Branch working with SIX Securities Services entities: Swiss Interbank Clearing (SIC)…

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October 22, 2015 BY Maria Nikolova

IBA approves China Construction Bank as Direct Participant to the Gold Auction

Intercontinental Exchange Inc (NYSE:ICE), an international network of exchanges and clearing houses, today announced that China Construction Bank Corp. (CCB) has received approval from ICE Benchmark Administration (IBA) to participate in the gold auction, which is used to determine the LBMA Gold Price, effective October 30, 2015. China Construction Bank becomes the second Chinese direct…

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October 19, 2015 BY Maria Nikolova

CME Group, China Construction Bank seal Memorandum of Understanding

International derivatives marketplace CME Group Inc (NASDAQ:CME) keeps strengthening its network of partners in China. The company announced today that it has signed a Memorandum of Understanding (MOU) with China Construction Bank (CCB). CME Group is now able to offer Offshore Chinese Renminbi (CNH) Futures Contracts with physical delivery in London for the first time.…

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March 24, 2015 BY Mike Fox

China Construction Bank extends use of Catena TRACE for FX derivatives trade reporting using hosted platform

Catena Technologies Pte Ltd today announced that China Construction Bank has extended its use of Catena's TRACE™ system to report foreign exchange derivatives to the Monetary Authority of Singapore. Along with the extended use for FX, the bank will upgrade to Catena's latest hosted platform solution. "Catena's TRACE solution has already proven valuable in meeting…

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June 18, 2014 BY Mike Fox

China to start yuan vs. sterling trading in FX market from Thursday

China's central bank said on Wednesday that the Chinese currency will be traded directly against the British pound in the interbank foreign exchange market, in the latest step to facilitate investment and bilateral trade between China and Britain. This update comes as finally China Construction Bank was named the clearing bank in London for the…

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