Thursday December 19 2013
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
It has been reported that China’s Bohai Commodity Exchange, a local government-backed online trading platform for spot commodities, plans to launch cross-border trading in yuan for natural rubber and iron ore.
It has not been decided when trading in the two products will be launched, as it partly depends on market feedback collected from future roadshows in Singapore, Thailand and New York.
This information will be updated as soon as further details become available.