Moscow Exchange launches trading with CNY/RUB futures LeapRate

March 17, 2015 BY Maria Nikolova

Moscow Exchange launches trading with CNY/RUB futures

Moscow Exchange, the leading marketplace for trading currencies and derivatives in Russia and the Commonwealth of Independent States, is enhancing its trading instruments lineup. Starting today, March 17th, the venue offers its clients to trade futures contracts on the pair Chinese Renminbi/Russian Rouble (CNY/RUB). In its announcement, the Exchange says the main rationale for the…

February 24, 2015 BY Andrew Saks-McLeod

Full of eastern promise as Japan, Hong Kong and China seek to attract Western FX business - LeapRate investigates

In the wake of European market turmoil, exchanges and venues in Japan, China and Hong Kong, with the backing of global regulators, are busily adding products to their ranges which aim to attract European, Middle Eastern and American retail and institutional traders to increasingly strong markets. LeapRate takes a detailed look at the developments

November 26, 2014 BY Andrew Saks-McLeod

FxPro raises leverage on USDCNH Yuan trading to 100x

Courting Chinese traders, FxPro has increased its leverage to 1:100 at a time in which China's sovereign currency is becoming a key instrument on the world stage

November 19, 2014 BY Andrew Saks-McLeod

East meets West! Sydney becomes renminbi trading hub with official clearing arrangements

Chinese authorities have thrown the gauntlet open by establishing an official yuan clearing hub in Sydney, giving increased hope to Western market participants wishing to do business in China

October 21, 2014 BY Andrew Saks-McLeod

China taking on the West as prominent FX industry executive Thomas Molloy becomes VP of Chinese bank

China's state-owned and tightly controlled financial sector is showing further signs of courting the west as ex- FX Solutions Head of Dealing becomes Vice President of the Industrial and Commercial Bank of China in New York

October 08, 2014 BY Andrew Saks-McLeod

China looks to open interbank FX market to brokers

The highly coveted Chinese FX market is showing signs of becoming more accepting toward international business, representing the largest potential step forward in liberalizing the nation's electronic trading business

September 29, 2014 BY Mike Fox

TradeStation enters Chinese market through exclusive alliance with Guosen Securities

TradeStation has licensed to Guosen Securities the exclusive right to market, offer and provide to the Chinese investor market TradeStation 9.5, the current version of the platform, localized for the Chinese market

September 08, 2014 BY Andrew Saks-McLeod

Advanced Markets extends segregated account facility to Asia

Advanced Markets courts shrewd investors from the Asia Pacific region by providing access to segregated account that was originally developed by Advanced Markets, Macquarie Bank and Deutsche Bank National Trust Company in 2009

September 04, 2014 BY Andrew Saks-McLeod

BMFN adds Dukascopy Bank's JForex platform to its range, sets sights on global audience

BMFN has carved out a substantial network of partners across the world, with many based in mainland China. The company intends to provide Dukascopy's JForex platform across its entire client base alongside current selection of platforms

August 06, 2014 BY Mike Fox

Standard Chartered: By 2020, 28% of China’s cross-border trade will be settled in renminbi...

Standard Chartered Bank has issued a bold statement saying that by the year 2020, roughly 5 1/2 years from now, 28% of China's cross-border trade will be settled in renminbi. They have issued a glowing graphic to illustrate their prediction (see below): To note, just today China’s yuan strengthened and rose beyond the central bank’s…

Tag: chinese forex