16 January 2017
visit http://www.wolterskluwerfs.com

FXCM deploys renminbi trading to all clients excluding Japan

09 April 2014  |  2368 views  |  0 Source: FXCM Inc.

FXCM Inc. (NYSE:FXCM), a leading online provider of foreign exchange trading, spread betting, Contracts for Difference ("CFDs") and related services, has deployed USD/CNH trading to all clients on all platforms excluding Japan.

FXCM traders around the world will now have the opportunity to trade their opinion on the world’s second-largest economy, and a major influencer in international finance – China. “We are excited to offer the USD/CNH across different platforms as this will allow clients to take advantage of growing international markets,” said Drew Niv, CEO of FXCM. “FXCM is continuously working to diversify its product offering to the global trading community.”

CNH is an offshore version of the RMB introduced by the Hong Kong Monetary Authority and People’s Bank of China which allows investors outside of mainland China to gain exposure to the RMB. Clients will be able to trade the USD/CNH, alongside other major FX pairs in the US, European, Asian, and Australian markets. Traders will also be able to trade the USD/CNH in 1k lot sizes and take advantage of FXCM’s renowned No Dealing Desk Execution on the pair. 

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
Visit capgemini.comVisit contisgroup.com

Top topics

Most viewed Most shared
Five fintech surprises for 2017Five fintech surprises for 2017
14493 views comments | 51 tweets | 46 linkedin
Blockchain impact timeline speeds up, massive cost savings forecastBlockchain impact timeline speeds up, mass...
10729 views comments | 34 tweets | 28 linkedin
Swift goes deeper into the blockchainSwift goes deeper into the blockchain
8384 views comments | 29 tweets | 42 linkedin
Belgium builds fintech bridge to LondonBelgium builds fintech bridge to London
7016 views comments | 25 tweets | 6 linkedin
ECB consults on development of pan-EU settlement service for instant paymentsECB consults on development of pan-EU sett...
6898 views comments | 16 tweets | 39 linkedin

Featured job

to Six-Figure Base, Bonus, Benefits
London, UK

Find your next job