CFETS to upgrade FX platform

The trading venue will provide new cross-currency swaps for six currency pairs

city trading
Shanghai: the existing model, CFETS FX 2009, will cease to function on February 5

The China Foreign Exchange Trade System, the country’s official interbank trading platform and infrastructure provider run by the People’s Bank of China (PBoC), has announced the launch of a new version of its trading venue on February 5.

The new system will replace CFETS FX 2009, which will cease to function on February 5, and all user accounts, credit relations, clearing information and historical data will be transferred to CFETS FX 2017 automatically.

The new platform will continue to

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