CME to offer Renminbi
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The new contracts, as well as options on these futures, will trade on the CME Globex electronic trading platform, and are currently scheduled to begin trading on Sunday, August 27, for the trade date of Monday, August 28.
The capability to trade in the Chinese currency was added to reflect the growing importance of the country. "We recognise the growing importance of China as a world financial centre, and want to expand the opportunities available in its FX marketplace," said John Davidson III
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