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1 The Global Development of RMB Forex Futures, and taifex s RMB Forex Futures Products (Updated October 1, 2015) Global products utilize a variety of underlyings, including individual stocks, stock indexes, interest rates, foreign exchange rates, energy, agricultural products, and metals. Currency, symbol, buying, selling. Providing a channel for hedging and strategic trading taifex s launch of RMB FX futures provides Taiwan s importers and exporters with an excellent channel for hedging their foreign currency demand. Trading in the world s other RMB forex rmb tassi forex futures was very light. RMB forex futures contracts are an emerging product within this market category. Worth a total of more than RMB.1 trillion, these agreements facilitate bilateral trade and investment between China and its trading partners, and encourage cross border use of the RMB.
Its economic and trading strength have been driving a gradual internationalization of the RMB. 1 2 The CNH business extends well beyond the Hong Kong market.
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