Costs and regulation slow CNY derivatives growth - CFFEX

China's onshore FX derivatives market tiny compared to peers

dollaryuan

A combination of high trading costs in Shanghai and a conservative regulatory climate are slowing down the much-needed expansion of the onshore (CNY) currency derivatives market, according to a senior official at the China Financial Futures Exchange (CFFEX).

Junjun Zhu, senior manager in the exchange's foreign exchange derivatives department, said that while China has been liberalising its currency since the 2005 flotation of the renminbi against the dollar – within a certain range – the FX

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets 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: