Tag: RMB

May 17, 2017 BY admin

Bloomberg launches new RMB Bond suite for global investors

The launch of Bloomberg's RMB Bond Suite is an extension of the company's broader strategic focus on China's fixed income market, following the recent inclusion of Chinese bonds into its global fixed income indices Bloomberg today announced the launch of its new RMB Bond Suite, a set of advanced fixed income investment tools for China's…

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May 06, 2017 BY admin

HKEX plans to offer physically settled RMB and USD gold futures in Q3

Coming soon will be the first of their kind gold futures contracts denominated in CNH and US$ available on the same platform. Hong Kong Exchanges and Clearing Limited (HKEX) plans to introduce physically settled CNH (offshore Renminbi, or RMB) and US dollar (US$) Gold Futures contracts in the third quarter of this year, subject to…

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September 21, 2016 BY Mike Fox

Chinese RMB gets first clearing bank in the US

The People's Bank of China (PBOC), China’s central bank announced today it authorized Bank of China's (BOC's) New York branch to provide Renminbi (RMB) clearing services in the United States.  It is the first time for China to set up an RMB clearing bank in the United States. The decision was made according to a…

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September 08, 2016 BY Mike Fox

ASX extends depository services to RMB denominated securities

ASX today announces that it has launched a renminbi (RMB) securities depository service. The new service extends the portfolio of RMB services developed by ASX in cooperation with the Bank of China Limited, Sydney Branch (Bank of China) for Australia’s financial markets. ' The depository service enables issuers to issue RMB-denominated securities directly into Austraclear…

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June 21, 2016 BY Mike Fox

TMX Group signs MoU With Shanghai Clearing House focused on RMB

TMX Group and Shanghai Clearing House (SHCH) today announced the signing of a Memorandum of Understanding (MoU) to establish a cooperative relationship to share information with respect to each other's businesses and explore opportunities for collaboration. Under the terms of the MoU, TMX Group and SHCH will form a working group to evaluate joint business…

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May 24, 2016 BY Mike Fox

HKEX and Thomson Reuters sign agreement for new Renminbi indices

Hong Kong Exchanges and Clearing (HKEX) and Thomson Reuters today signed an agreement for the creation of a new series of Renminbi (RMB) indices. HKEX has taken the lead amongst exchanges in RMB offerings, just yesterday the exchange announced new RMB futures contracts to commence at the end of May. The new index series will…

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May 23, 2016 BY Mike Fox

HKEX to launch additional RMB FX futures by end of May

Hong Kong Exchanges and Clearing Limited (HKEX) has received regulatory approval to introduce its planned cash-settled Euro-Renminbi (RMB), Japanese yen-RMB, Australian dollar-RMB and RMB-US dollar futures on Monday, 30 May 2016. HKEX is following up on their plans to further enhance its RMB offering outlined in their 2015 review; coming on the back of achieving yearly record…

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April 26, 2016 BY Mike Fox

LSE sees Hungary become second non-Chinese issuer of sovereign RMB debt

London Stock Exchange today saw the second RMB denominated government bond of a non-Chinese issuer admitted to trading on its markets. The Hungarian Government mandated the Bank of China to arrange an RMB denominated three year sovereign bond of RMB 1 billion as part of a wider initiative to boost links and commerce between Hungary…

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