Date:25th,May,2018       Venue:Shanghai,China

Event News
Overseas central banks may enter the domestic bank foreign exchange market
Source: | Author:201362231370694 | Publish time: 602 days ago | 376 Views | Share:
Recently, the People's Bank of China on the opening of such institutions outside the central bank to enter China announced the interbank foreign exchange market related matters, a clear class institution outside the central bank to enter the Chinese interbank foreign exchange market in three ways: through the People's Bank agency, the foreign exchange market by Chinese agents China's interbank foreign exchange market as well as direct foreign members. Overseas central banks from the three types of institutions can choose the pathway of one or more ways to enter the Chinese interbank foreign exchange market to carry out including spot, forwards, swaps and options, including all varieties of forex trading, including trading inquiry Price manner and match mode, no limit on the amount.
 
Bulletin clear, overseas institutions to enter the Chinese central bank category interbank foreign exchange market, should submit "class institution outside the central bank to enter the Chinese foreign exchange market filing form" to the China Foreign Exchange Trading Center by mail by submitting an original way. After the record is complete, the foreign central banks by the People's Bank proxy class institution, the People's Bank will send operating guidelines; the foreign exchange market by Chinese agents, to choose an agency and signed an agency agreement, the agency will be the agency agreement to China Foreign Exchange After the trading center for the record to the transaction; become China's interbank foreign exchange market, foreign members, can trade forex trading system after technical preparations access and other by the China Foreign Exchange Trading Center is completed. China Foreign Exchange Trade Center and other market intermediaries should be based on their respective duties, foreign central banks such institutions to participate in China's interbank foreign exchange market trading services.
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