Tag: Yuan

May 06, 2013 BY Gerald Segal

China Retail FX volumes up 30% so far in 2013

As the Yuan continues to strengthen, Chinese FX traders also come out to trade. LeapRate Exclusive... LeapRate has learned, in discussions with various retail FX brokerages, that trading volumes from China-based clients have soared this year by about 30% -- and even more at some firms which have been actively targeting the Chinese market. What's…

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April 22, 2013 BY Gerald Segal

China expected to further relax Yuan currency trading rules

Expansion of Yuan trading range band should increase Yuan volatility, and bring out more Chinese retail FX traders. China is a hot and much-sought after market for retail FX brokers (part of the reason we posited for the FXCM-Gain acquisition) -- and it is likely to heat up even more. Bloomberg News has reported, quoting UBS…

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November 30, 2012 BY Gerald Segal

Bloomberg first with access to China's CFETS

First foreign info provider to be allowed to deliver onshore CNY prices. As global interest in China's currency has grown, there has been increasing dialogue about the divergence of China's internal "onshore" Renminbi market (CNY), and the trading of the currency outside China in the "offshore" market (CNH). While the offshore CNH market has grown…

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