Hong Kong set for retail yuan NDF contracts
NEWS
The Treasury Markets Forum of Hong Kong (TMF) has announced plans to make available RMB NDF contracts for Hong Kong's corporates and retail investors in early November.
The latest initiative from Hong Kong follows a similar move by the Chinese State Administration of Foreign Exchange to enable RMB NDF trading to corporates and institutional clients (FX Week, September 26).
The change was made to meet increasing demand from small and medium-sized enterprises (SMEs) and retail customers for
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