HKEx quiet on reports of renminbi currency futures

27 Aug 2010

Hong Kong Exchanges and Clearing has refused to comment on press reports that it is considering introducing renminbi currency futures. A spokesperson for HKEx would not comment on reports by the Chinese Business News that the bourse is considering listing the futures. The Chinese newspaper quoted a source at the exchange who revealed that while the exchange’s...

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“The introduction of these contracts to trading represents a new stage in developing the Russian market in fixed income instruments as in essence futures on federal bonds are derivatives on long-term interest rates.”

Evgeny Serdyukov, director of F&O at RTS

HKEx quiet on reports of renminbi currency futures

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