| Hong Kong Exchanges and Clearing Ltd. plans to launch offshore yuan futures in the third quarter, a move that could give it a bigger role in the city's burgeoning market for the Chinese currency.
The proposed contract, which still needs the approval of Hong Kong regulators, would allow investors to trade the yuan against the dollar. It would require delivery of dollars by the seller and payment settled in yuan in Hong Kong by the buyer at maturity...............................................Full Article: Source
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