Renminbi contracts grow share of interest rate derivatives turnover

Interest rate derivatives denominated in renminbi expanded as a share of global turnover between 2016 and 2019, but still remain just a fraction of total volumes.

In April 2019, average daily turnover of renminbi-denominated contracts hit $33 billion, 0.51% of the total, up from 0.37% three years prior. In contrast, Korean won-denominated contracts saw their share drop to 0.41% from 0.47%, South Africa rand-denominated instruments to 0.39% from 0.6% and Mexican peso-denominated derivatives to 0

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: