May 2007
FX market round up: CFETS launches new platform
The opening up of the Chinese FX market has continued with the unveiling of a new trading platform by the China Foreign Exchange Trade System. The platform, which uses Reuters’ electronic trading technology, initially went live on March 12 for currencies other than the yuan before being expanded to allow CFETS member banks to trade the yuan against five other currencies in early April.
As first reported in The FiX.
