Tuesday, February 15, 2011

SAFE steadily promote the domestic development of the renminbi in the foreign exchange options market

 To further enrich the varieties of the foreign exchange market transactions for enterprises and banks to provide more tools for hedging the exchange rate, before the approval of China State Administration of Foreign Exchange Trading Center in the interbank foreign exchange market organizations in the RMB against the foreign exchange options trading, and publish the Foreign Exchange on the renminbi in the foreign exchange options trading the issue of notice

Second is to provide options for its customers real needs should be consistent with the principles of the business. Third, the bank opened the file and record management options business, do not set the non-market access conditions. Fourth, the bank's Delta position options trading positions into the unified management of integrated settlement and sale.

market development, give full play to the market in allocating resources to the basic role. (End)

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