Tag: Yuan trading

November 17, 2015 BY Maria Nikolova

Borsa Istanbul, ICBC Turkey partner on Chinese Renminbi futures

Borsa Istanbul and ICBC Turkey Invest have unveiled plans to launch US Dollar/Chinese Renminbi (USD/CNH) and Chinese Renminbi/Turkish Lira (CNH/TRY) futures contracts. ICBC Turkey Invest, the brokerage arm of ICBC Bank Turkey, intends to apply to be the market maker in Chinese Renminbi futures contracts set to be launched at Borsa İstanbul Derivatives Market (VIOP),…

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November 10, 2015 BY Maria Nikolova

TAIFEX registers steep rise in RMB futures volumes in October 2015

Taiwan Futures Exchange (TAIFEX) has earlier today published its operating metrics for October 2015, with the month showing a recovery in trading volumes, including RMB futures volumes, after a subdued September. The Exchange set a record last month, as the total trading volume from January to October 12, 2015 reached 202,878,207 contracts, breaking the previous…

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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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