日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Economy

China Construction Bank and CME sign Reminbi futures deal

By Cecily Liu (chinadaily.com.cn) Updated: 2015-10-19 18:46

China Construction Bank and the derivatives marketplace CME Group signed an agreement in London on Monday to enable the physical delivery of offshore renminbi future contracts outside China for the first time.

The milestone will enable British and European-based traders of renminbi future contracts to settle their trade in Europe, and is seen as a big step for renminbi internationalization. Previously such future contracts have been settled mainly in Hong Kong, meaning European traders need to set up a bank account there.

CCB, which became an offshore renminbi clearing bank in London last year, will use its expertise for offshore renminbi clearing to settle and clear the renminbi future contracts offered via CME Europe, CME Group's European exchange.

In addition, CCB will also participate in the London Silver Pricing, which is administered by CME Benchmark Europe Limited, as well as to facilitate the trading of CME Group products for CCB's customers in China.

CCB will become the only Chinese bank to participate in the London Silver Pricing, which acts as a benchmark for global trading of silver.

Terry Duffy, Executive Chairman and President of CME Group, says his team is pleased to partner with CCB on this project. "We believe this relationship will generate multiple benefits for the marketplace and drive innovation across a range of asset classes."

Previously, physically deliverable futures contracts for USD/CNH and EUR/CNH have been available on CME Europe since the European exchange launched in April 2014, delivering into Hong Kong.

Now CME Europe plans to amend these contracts so that physical delivery will take place in London, bringing cost and time-saving advantages to market users.

"The ability to transact during London hours is of paramount importance to those institutions who value flexibility in managing their positions in markets where prices can move sharply in short periods of time," says William Knottenbelt, Senior Managing Director and Head of International, CME Group.

"CME Group and CCB have shared a strong desire to promote RMB liquidity in London. We are committed to building out the necessary infrastructure and RMB products for a thriving marketplace as well as extending our partnership into other areas."

"CCB wants to support the development of the offshore RMB market in London through our engagement with an innovative financial institution such as CME Group," says CCB's Chairman, Wang Hongzhang.

To contact the reporter: cecily.liu@mail.chinadailyuk.com

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美在线一 | 伊人天堂av | 黑人巨大精品欧美一区二区 | 色悠悠久久 | 日韩欧美大片 | аⅴ资源新版在线天堂 | 战狼4高清国语免费播放在线观看 | 99国产精品 | 黄色av一区 | 天堂中文在线视频 | 久久99久久久久久久久久久 | 天天天天天天天操 | 天天舔天天操天天干 | 浪潮av| 久久午夜免费视频 | 日本久久高清视频 | 超碰官网 | 国产亲伦免费视频播放 | 国产综合在线视频 | 丁香六月久久 | 自拍偷拍亚洲区 | 日韩成人精品在线 | 国产片一区二区 | 国内视频一区 | 日韩在线一二 | 久久精品国产精品 | 色久视频| 成人免费视频网 | 国产三级在线播放 | 色片在线看| 亚洲一二三精品 | 日韩免费中文字幕 | 色5月婷婷| 天天干天天曰 | 国产成年人免费视频 | av三级在线播放 | 香蕉视频成人 | 久热精品在线视频 | 欧美日韩精品久久久 | 亚洲视频在线免费看 | 一个色在线视频 |