CFETS joins R3-led project

Number of participants rises above 60 since September 2015 launch

Asia technology
Tech world: CFETS aims to establish technical standards and improve ecosystem of China interbank market

The China Foreign Exchange Trade System (CFETS), the country's official interbank market-trading platform and infrastructure provider, has joined the R3-led initiative to develop distributed-ledger technologies for the financial industry.

The consortium, launched last September, has seen the number of participants passing the 60 mark. It comprises global banks and information providers such as Thomson Reuters.

The project is spearheaded by financial innovation company R3, led by David Rutter, fo

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: