Renminbi futures trading in Taiwan off to a fast start
Apparently, the two new USD/RMB FX futures contracts have successfully gained traction from market participants.
Read moreApparently, the two new USD/RMB FX futures contracts have successfully gained traction from market participants.
Read moreTaiwan Futures Exchange has launched Taiwan’s first RMB currency futures contracts. The rationale behind the new products is to extend development of Taiwan’s rapidly growing offshore RMB financial services sector
Read moreThe offshore RMB market in Taiwan has been growing rapidly and vigorously.
Read more"We are seeing strong growth in Asia, most recently with 2014 fourth quarter volumes up 51 percent compared to the previous year" - CME Group Executive Chairman and President, Terry Duffy.
Read moreTo meet the market needs of huge RMB cash pools and keep in line with the trend of RMB internationalization by China, TAIFEX intends to launch RMB forex futures during the first half of this year
Read moreSince July 2014, with an overall upward direction of Taiwan’s cash market, trading and hedging has gained momentum in the futures and options market, and resulted in a faster-growing second half of the year and an all-time high total trading volume at TAIFEX
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