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|September 14, 2012|
|Standard-Size and E-micro USD/Offshore RMB (CNH) Futures|
Effective Sunday, November 18 (trade date Monday, November 19), standard-size and E-micro USD/Offshore RMB (CNH) futures will be listed for trading on CME Globex.
These futures feature physical delivery of Chinese Renminbi in Hong Kong (CNH), priced in interbank terms of Chinese Renminbi per U.S. dollar and associated daily settlement variation banked in Chinese Renminbi offshore in Hong Kong. The new CME USD/CNH futures will help international market participants hedge their U.S. dollar risk exposure to the deliverable Chinese currency.
These futures will be available in New Release for customer testing on Monday, October 22.
This contract is listed with, and subject to, the rules and regulations of CME.
CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.