Electronic foreign exchange platform FXall will start offering trading of deliverable offshore Chinese Yuan (CNH) on its FX trading platform. The offering will be made through the company’s QuickTrade Request For Quote (RFQ) product.
FXall’s liquidity providers are now pricing yuan over-the-counter (OTC) trades. BofA Merrill Lynch, HSBC and Royal Bank of Canada will collaborate on the offering.
Click here for the release from FXall.