男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

US EUROPE AFRICA ASIA 中文
Business / Companies

CCB, CME Group sign MoU to support further collaboration

(Xinhua) Updated: 2015-10-20 09:50

LONDON - China Construction Bank (CCB) and CME Group, a US-based derivatives market place, signed a Memorandum of Understanding (MoU) on Monday to support their further cooperation in the fields of renminbi or Chinese yuan settling and benchmark silver pricing.

Under the MoU, CME Group is now able to offer offshore Chinese renminbi (CNH) futures contracts with physical delivery in London for the first time, which will be offered via CME Europe, the group's European exchange. They will be supported by CCB, which is the sole People's Bank of China designated clearing bank of renminbi in London.

According to CME Group, physically deliverable futures contracts for US dollar/CNH and EUR/CNH have been available on CME Europe since the European exchange launched in April 2014, delivering in Hong Kong, China. Now that CME Clearing Europe, which provides clearing services for CME Europe, intends to work with CCB. CME Europe plans to amend these contracts so that physical delivery will take place in London, bringing cost and time-saving advantages to market users.

Meanwhile, CCB will be able to participate in the London Silver Pricing, as well as to facilitate the trading of CME Group products for CCB's customers in China. Therefore, CCB will become the first Chinese bank to participate in the fixing of the London Silver Pricing, as well as the seventh bank in the pricing.

Wang Hongzhang, CCB's chairman, said: "CCB wants to support the development of the offshore?renminbi market in London through our engagement with an innovative financial institution such as CME Group."

William Knottenbelt, senior managing director and head of international, CME Group said: "The ability to transact during London hours is of paramount importance to those institutions who value flexibility in managing their positions in markets where prices can move sharply in short periods of time."

"CME Group and CCB have shared a strong desire to promote renminbi liquidity in London. We are committed to building out the necessary infrastructure and renminbi products for a thriving marketplace as well as extending our partnership into other areas," added Knottenbelt.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 龙川县| 石嘴山市| 舞阳县| 信宜市| 上饶市| 南昌县| 吉隆县| 正安县| 红河县| 卢氏县| 大竹县| 房山区| 马公市| 阿拉善盟| 湄潭县| 昌乐县| 碌曲县| 逊克县| 绥江县| 盖州市| 陆河县| 嘉义县| 大同县| 乾安县| 汤阴县| 平江县| 陆良县| 扶风县| 塘沽区| 泰州市| 商水县| 咸丰县| 武宣县| 叙永县| 福贡县| 宁陕县| 凤凰县| 万州区| 安图县| 淮北市| 苍南县|