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Deutsche Offers Renminbi On Autobahn FX
Deutsche Bank is providing offshore renminbi on an electronic trading platform.
Deutsche Bankis providing offshore renminbi on an electronic trading platform,Risk.netreports. It has launched offshore Chinese renminbi trading on its electronic forex trading platform,Autobahn FX.
Voice and electronic trading options are both offered to provide more options for dealers to execute trades on illiquid currency. The bank feels the move will help expand market access and lead to greater market liquidity as well as increase overall market development.
Click here for the story fromRisk.net.