In April, 2.6% of global yuan payments was carried out through the U.S., up from 1.3% a year ago, putting the U.S. ahead of Taiwan as an offshore yuan trading center, Swift said.
Read MoreAlpari RU adds USD/CNH Chinese Yuan trading & more…
Alpari RU announced today that from June 2, 2014, they are making 6 new currency pairs available for trading. For Standard…
Read MoreIFC Markets introduces CNH trading with any currency pair thru PCI technology
IFC Markets provides its clients with Forex and CFD trading through its own-generated trading platform NetTradeX, which is available on…
Read MoreSaxo Bank launches XAUCNH FX spot cross
The firm also improves spreads on all existing spot CNH crosses Saxo Bank, the largest European-based Forex trading firm (and…
Read MoreLondon leading the charge to become the main Yuan hub
London to become first location outside Asia to have a Yuan clearing bank As the Renminbi is finally rebounding somewhat…
Read MoreMoscow Exchange looks east – launches China ETF
Russia’s leading exchange has been focusing on increasing its business with Far East traders and investors. Moscow Exchange has announced…
Read MoreChinese Yuan continues its rise to prominence as a Top 10 global payments currency
Chinese policymakers are facing a challenging dilemma with interest rates and Renminbi liberalization According to a fresh batch of data…
Read MoreLMAX CEO David Mercer sees doubling of forex volumes by 2020
LMAX is seeing most of its own growth in Russia and the Far East According to LMAX Exchange’s CEO David…
Read MoreCiti launches automated Renminbi pooling for its Shanghai FTZ clients
Chinese Yuan funds can be moved freely between onshore and offshore entities Another change to the Chinese Yuan forex market…
Read MoreChina to speed up Yuan convertibility
The central government wants a piece (or rather, a big chunk) of the reserve currency pie Over the weekend China’s…
Read More
