UK Prime Minister Theresa May announces R5-SHCH Connect is open for business LeapRate

UK Prime Minister Theresa May announces R5-SHCH Connect is open for business

Theresa May today announced the launch of R5-SHCH Connect, a new service which links banks in China with London's foreign exchange (FX) market. Part of the Belt and Road financial infrastructure initiative, this represents a significant progression towards closer financial market activity between the two nations. Mrs May announced that the service was live whilst…

December 18, 2017 BY Valentina Kirilova

UK Chancellor announces R5-SHCH Connect, partnership between London R5 and Shanghai Clearing House

The UK Chancellor of the Exchequer, Philip Hammond, has formally announced the formation of R5-SHCH Connect, a partnership between R5, the London FinTech leading the digital transformation of Emerging Markets Foreign Exchange trading, and the Shanghai Clearing House, the financial market infrastructure, established to clear and settle China’s financial products. During last week's UK-China Economic…

Tag: R5-SHCH Connect

UK Prime Minister Theresa May announces R5-SHCH Connect is open for business

UK Chancellor announces R5-SHCH Connect, partnership between London R5 and Shanghai Clearing House

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