China responds to Vietnam’s trading ban by opening its first FX trading center LeapRate

April 28, 2014 BY Andrew Saks-McLeod

China responds to Vietnam's trading ban by opening its first FX trading center

China opens pan-Asian FX trading center in radical response to Vietnam's outlawing of retail FX trading, representing the first FX trading center on the mainland. Following the draconian stance which Vietnam's strictly socialist government took recently which resulted in the banishing of all FX trading from its shores, an unusual occurrance has taken place in…

March 14, 2014 BY Andrew Saks-McLeod

FXStreet Gets Distribution Deal In China With m-FINANCE

Widely recognized FX news and information source gains distribution channel into the much-vaunted Chinese market The allure of the mystic orient has been a subject of senior level discussion among executives across global FX firms over recent years. With a willing and investment-savvy population, booming economy and very stringent controls on the legality of overseas…

March 11, 2014 BY Andrew Saks-McLeod

Chinese Yuan Becomes Second Most Traded Pair on Thomson Reuters Matching

All eyes are on Asia once again as the offshore yuan (CNH) holds steady amid falling February volumes industry-wide Statistical reasoning behind the priority which a large number of FX firms is giving toward engendering large-scale business from within the much coveted Asia Pacific region continues to rear its head as the offshore Yuan (CNH)…

May 22, 2013 BY Gerald Segal

China increasing Forex investments to keep the Yuan in check

China opens a new US Forex office to diversify away from US Treasuries. One of they key themes we've been following lately has been China relaxing its rules governing Forex movements and trading, which has been a key catalyst behind the rapid growth of retail FX trading among Chinese retail FX traders. (We even posited…

May 13, 2013 BY Gerald Segal

China's SAFE announces further easing of Forex regulations

Moving Yuan in and out of the country will be easier, and trading the Yuan should become easier. LeapRate Exclusive... China's State Administration of Foreign Exchange (SAFE) has posted (in Chinese only) that it will simplify FX regulations, creating an easier and more convenient environment for foreign investors to move money into and out of the…

May 06, 2013 BY Gerald Segal

China Retail FX volumes up 30% so far in 2013

As the Yuan continues to strengthen, Chinese FX traders also come out to trade. LeapRate Exclusive... LeapRate has learned, in discussions with various retail FX brokerages, that trading volumes from China-based clients have soared this year by about 30% -- and even more at some firms which have been actively targeting the Chinese market. What's…

April 12, 2013 BY Gerald Segal

CIOT EXPO China online trading conference tomorrow in Shenzhen

The leading annual FX and online trading Expo in China. A reminder to our readers, that the annual CIOT EXPO for 2013 will be taking place this weekend (Saturday and Sunday) in Shenzhen, China, at the Shenzhen Grand Theater. For more information on speakers and the agenda, or if you'd like to register for the…

January 10, 2013 BY Gerald Segal

BNP Paribas goes live with Chinese version of Cortex FX

Both institutional and retail eFX brokers pouring more resources into China. BNP Paribas introduced its Silverlight-based single dealer eFX platform Cortex just last March, and has now announced the roll-out of a Chinese language version of Cortex. Similar to leading retail FX brokers, BNP has clearly prioritized China as a high-growth region. The Cortex platform…

November 30, 2012 BY Gerald Segal

Bloomberg first with access to China's CFETS

First foreign info provider to be allowed to deliver onshore CNY prices. As global interest in China's currency has grown, there has been increasing dialogue about the divergence of China's internal "onshore" Renminbi market (CNY), and the trading of the currency outside China in the "offshore" market (CNH). While the offshore CNH market has grown…

April 23, 2012 BY Gerald Segal

HSBC enters retail FX business

...via White Label from Oanda. Will this go better than dbFX, CitiFXPro...?

Tag: China