Tag: RMB trading

May 12, 2016 BY Maria Nikolova

TAIFEX sees RMB futures volumes drop in April 2016

Taiwan Futures Exchange (TAIFEX) has earlier today posted its volumes metrics for April 2016, with yuan futures trading volumes staging a steep decline in monthly terms. Overall trading volumes at the Exchange amounted to 19,239,430 contracts in April 2016, down 14% from the reading of 22,400,159 contracts for March 2016. The annual comparison was also…

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November 18, 2015 BY Maria Nikolova

China Europe International Exchange commences operations

China Europe International Exchange (CEINEX), the joint venture established by Shanghai Stock Exchange (SSE), Deutsche Boerse AG (ETR:DB1) and China Financial Futures Exchange (CFFEX) last month, was successfully launched today in Frankfurt. The first trades have already been carried out. At the moment of the market launch, CEINEX is offering ETFs based on mainland Chinese underlyings…

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November 10, 2015 BY Maria Nikolova

HSBC to become market maker for Yuan trading vs Swiss franc

There is an interesting piece of news confirming the growing interest in Chinese yuan trading. According to a report in the Financial Times, HSBC Holdings plc (LON:HSBA) is about to become a market-maker for trading the renminbi and the Swiss franc in the country's interbank Forex market. HSBC, known as a long-standing advocate of the…

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