Leading FX Brokerage FXCM officially added liquidity to the offshore renminbi. Here is info on FXCM’s offering.
| VITAL STATISTICS | |
| Target Spread | 26-27 pips |
| Margin Requirement | $50 per lot |
| Minimum Lot Size | CN¥1,000 (1k) |
| Pip Cost | $0.016 per lot |
| Average Daily Range | 100 pips in 2014 |
Hedging Capability: You can go long or short yuan in the same account and hedge your positions. Hedging is not available to FXCM LLC clients or US residents.
Above is the USD/CNH panel on the Trading Station platform, we are unable to confirm whether or not USD/CNH is available on all of FXCM’s platforms yet.