HKEX USD/CNH Futures

The world's first RMB-denominated currency futures contract, offering a regulated way to manage offshore Renminbi exposure.

The creation of the offshore Renminbi (CNH) was a significant milestone in China's effort to make its currency, the Renminbi, a global player, positioning it to potentially become one of the world's primary reserve currencies. The CNH market has experienced substantial and steady growth throughout this internationalization process.

To further facilitate the management of risk in the expanding offshore Renminbi market, HKEX introduced USD/CNH Futures (Symbol: CUS) in September 2012. This groundbreaking product is the world's first RMB-denominated currency futures contract, offering greater capital efficiency and flexibility for hedging exposure.

Key Benefits

• Optimal Liquidity and Market Depth
  • Offers optimal liquidity and market depth, especially during periods of market turbulence.
     
• Effective Hedging and Risk Management
  • Provides effective hedging and risk management tools.
     
• Streamlined Block Trades
  • Block trades offer a streamlined way to execute large-scale transactions with minimal counterparty risk.
     
• Diverse Investment Horizon
  • A range of contract months with tenors up to 22 months provides flexibility for various investment strategies.
     
• Physical Delivery Available
  • Physical delivery is available, making the product suitable for investors who prefer to transact in RMB.
     
• Extended Trading Hours
  • Trading hours cover some European and US business hours, offering broader market access.
     
• Flexible Collateral Policy
  • Flexible collateral policy for RMB margin requirements adds convenience for investors.
     

Contract Specifications

Source: HKEX

This advertisement has not been reviewed by the Monetary Authority of Singapore.
 

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