China joins forex community
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Agricultural Bank of China (ABC), Citic Industrial Bank of China and Bank of Communications (Bocom) now have access to trade spot in dollar, yen, euro and Swiss franc via a credit relationship through undisclosed EBS banks.
KC Lam, EBS head of sales for Asia and Oceania, said the platform would be likely to sign the biggest four banks in China within a year. "I would be disappointed if we do not. We have made major steps forward in China and customers there are aware of the EBS name."
ABC, the
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