China's FX options reform to improve corporate risk management
Dealers say corporates gain wider access to new products
The relaxation of regulations to allow Chinese corporates to sell foreign exchange options will improve risk management and forms part of wider liberalisation in the onshore options market as regulators move to introduce more hedging alternatives in the face of a more volatile renminbi, say dealers.
Meanwhile, corporates have started to execute structured options trades, following a rule change that will allow them to sell options from August 1. Prior to this move by China's State Administration
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