Deutsche Börse to set up Europe's first multi-asset RMB platform

German exchange group signs joint venture deal with CFFEX and Shanghai Stock Exchange

Deutsche Börse: new China venture

Frankfurt has strengthened its position as a major RMB trading hub with a joint venture deal between Deutsche Börse and its Chinese counterparts China Financial Futures Exchange (CFFEX) and Shanghai Stock Exchange (SSE) for a multi-asset renminbi trading platform to be based in the German financial capital.

On March 17 the Chinese and German governments published a series of action points as the culminations of a yearlong process of economic dialogue between the two countries. This included a