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In recognition of the growing importance of China as a world financial center, and to expand the opportunities available in its foreign exchange (FX) marketplace, CME has developed three Chinese-renminbi-based contracts: renminbi/U.S. dollar, renminbi/euro, and renminbi/Japanese yen futures and options. These additions further strengthen CME as the leader in the FX futures and options marketplace. To view the fact card including contract specifications, click here . For more information on the CME Chinese Renminbi Cross Rate products, please click the links below: CME Chinese Renminbi/Euro CME Chinese Renminbi/Japanese Yen Benefits - Risk management opportunities for businesses and institutions with Chinese renminbi exchange rate risk
- Guarantee of counterparty credit and central clearing by CME Clearing
- Access to over $60 billion in overall market liquidity each day
- Global access to CME's electronic FX markets virtually 24 hours a day
- Transparent market prices
- Arbitrage opportunities with renminbi/U.S. dollar Interbank NDF market
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