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CME names market-makers for renminbi futures

The Chicago Mercantile Exchange (CME) has named HSBC and Standard Chartered Bank (SCB) as the first market-makers for futures contracts on the Chinese renminbi (RMB) against the US dollar, euro and yen, which started trading on August 28.

Hong Kong’s SFC makes senior appointments

Hong Kong’s Securities and Futures Commission (SFC) has promoted Keith Lui to the position of executive director, supervision of markets. Lui, who has worked for the SFC for 14 years, began his three-year term as executive director on August 28, and will…

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