CFFEX to launch euro and Aussie cross-currency futures

Cross-currency volatility a major threat to China corporates, says exchange

eur-aud

China Financial Futures Exchange (CFFEX) is to launch US dollar futures contracts versus the euro and Australian dollar next year, and is in discussions over introducing renminbi futures products in the Shanghai free trade zone, according to Hu Zheng, Shanghai-based chief executive at the firm.

Speaking at the China International Derivatives Forum held in Shenzhen on December 5, Hu said the move was in response to requests from local market participants for ways to manage their foreign exchange

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: