Jun 11, 2021 10:37 AM (GMT+8)
Huo Yingli, Secretary of the Party committee of China foreign exchange trading center, said at the 13th Lujiazui forum that due to the rapid growth of RMB assets held by foreign investors, a new demand will naturally arise, that is, the demand for risk management and corresponding hedging. At present, the domestic market has the corresponding derivatives arrangements. Now there are foreign exchange derivatives, derivatives with bond interest rates, and credit derivatives. Judging from the trading situation, the trading volume of foreign exchange derivatives basically achieved 100% growth last year. Although the volume is relatively small, we can see a very large growth trend.
This text is a result of machine translation.