Deutsche Bank takes offshore renminbi electronic on Autobahn

china-illustration

Deutsche Bank has begun offshore Chinese renminbi (CNH) trading on its electronic foreign exchange trading platform, Autobahn FX, claiming to be the first bank to have done so. The German bank believes the move will help broaden market access and contribute to greater market liquidity in the nascent underlying, as well as boosting overall market development.

"By getting CNH into the Deutsche network we immediately increase the market to our customer base – this means massive liquidity both to

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