Deutsche Bank takes offshore renminbi electronic on Autobahn

Renminbi - China's currency

Deutsche Bank has kicked off offshore Chinese renminbi (CNH) trading on its electronic forex trading platform, Autobahn FX – and claims to be the first bank to have done so electronically. The German bank believes the move will help broaden market access and contribute to greater market liquidity in the nascent underlying, as well as boosting overall market development.

“By getting CNH into the Deutsche network we immediately increase the market to our customer base – this means massive

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