21 February 2018
visit www.ebaday.com

FXCM deploys renminbi trading to all clients excluding Japan

09 April 2014  |  2431 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 www.ebaday.comVisit http://info.nice.comvisit www.swift.com/your-needs/instant-payments

Top topics

Most viewed Most shared
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
10217 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
9789 views 10 comments | 23 tweets | 26 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
8524 views comments | 13 tweets | 12 linkedin
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
7536 views comments | 12 tweets | 5 linkedin
BBVA-backed digital banking startup targets gig economy workersBBVA-backed digital banking startup target...
7238 views comments | 8 tweets | 12 linkedin

Featured job

Competitive base + commission (double OTE)
London, UK

Find your next job