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Thursday, May 5, 2011

CITIC Bank is the first currency trading on the FX options busine31 qualifications

reporter Chen Yiping recently, China CITIC Bank (601,998, unit) access to one of the first regulatory authority against the FX options business offering qualifications, CITIC Bank is a small and medium-sized Bank Bank first to get Renminbi on the FX options business qualifications. Earlier, three Chinese banks (industrial and commercial bank, Bank of China, CITIC), four foreign banks the first options trading at the interbank foreign exchange market, CITIC Bank active in the market, providing the dollar, pound sterling and Yen about three currencies to RMB ten period of bilateral "fluctuation of Renminbi exchange rate" quote, reached a deal with foreign banks, and profit from the first day.