XTX Markets has today (January 21) become the first non-bank market maker to price to China’s FX interbank market, CFETS. XTX becomes a liquidity provider for G10 markets, with Bank of China – the first prime broker on the system – as its prime broker. CFETS says in a release that the addition of XTX […]
Refinitiv has enhanced its data on China to meet demand from the global financial community for increased insight into Chinese trade and investment opportunities, by addingcomprehensive data from the China Foreign Exchange Trade System (CFETS), the main FX and fixed income venue for China, to its data platforms Elektron and Eikon. The firm says this […]
NEX has partnered with the China Foreign Exchange Trade System (CFETS), China’s interbank market trading platform and infrastructure provider, to launch ‘CFETS FX2017’ (FX2017), a new trading platform for the Chinese FX market.
Having selected NEX to deliver the underlying technology in June 2016, CFETS launched the first phase of the project with a central limit order book (CLOB) platform for spot CNY on December 4, 2017.
As an anonymous execution capability for the Chinese market, FX2017 is designed to offer market participants access to a central pool of liquidity and a public reference point for spot CNY pricing.