The profit is obvious and the demand is great. If you want to make an analysis, you'd better understand why foreign exchange has any characteristics, why the trading volume of RMB itself is large enough, and why it attracts the attention of investment institutions such as banks, enterprises and trading institutions. So it is easy to understand.

At present, domestic entities mainly use NDF (non-deliverable forward) and foreign exchange swaps in the interbank market to avoid the risk of exchange rate fluctuations. Under the background that the mainland forward foreign exchange market is still blank, overseas exchanges are tapping the needs of large customers such as banks and enterprises to use foreign exchange futures.

It is understood that many overseas exchanges are optimistic about the domestic RMB exchange rate risk management. At present, RMB foreign exchange futures have been listed in 8 countries or regions around the world. These include Chicago Mercantile Exchange (CME), CME Europe Exchange, Singapore Exchange, China Hong Kong Stock Exchange [0.00%], China Taiwan Province Futures Exchange, South Africa Johannesburg Stock Exchange, Brazil Commodity Futures Exchange and Moscow Stock Exchange. Specific varieties include RMB exchange rate futures against the US dollar and RMB exchange rate futures against the local currency.

Knowledge extension: the characteristics of www.hqjhw.com/2016/whzs _ 0201/4188.html foreign exchange market.