Monday September 28 2015

News Source: Global Exchanges

Focus: Other

Type: General




CME Group and China Foreign Exchange Trade System (CFETS), have announced they have signed an agreement on cooperation to explore opportunities and promote each other`s market infrastructure and products.

Under the agreement, CME Group and CFETS have committed to participate in the joint development and innovation of offshore RMB products. Both parties have also committed to greater connectivity in product distribution, with CME Group facilitating its customers to trade China interbank products, and CFETS facilitating China interbank market participants to trade CME Group`s products.

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