RMB currency futures trading is mainly aimed at RMB funds in Hong Kong. As long as you open a Hong Kong bank account (which can be handled through a Hong Kong bank or a mainland bank), a futures company (which needs to have overseas business qualifications, strong strength and good reputation, such as China International Futures) will send overseas commissioners to handle the account opening procedures for investors, and then conduct online transactions.
Rmb futures is a futures product that is traded according to the exchange rate between RMB and other currencies. On September 7th, 20 12, the first people's futures launched by Hong Kong Stock Exchange was USD/RMB, which was the first deliverable RMB futures in the world.
According to the relevant rules of RMB contracts published by official website Stock Exchange, RMB futures contracts will be based on the exchange rate of US dollars against RMB; Each contract is worth US$ 6,543,800, and only a deposit of 654.38+ 0.24% is required, that is, the deposit of each contract is about RMB 8,000. The contract deposit and settlement transaction fee will be denominated in RMB. According to the above rules, the entry threshold of RMB futures for investors is not high, as long as 8,000 yuan can enter the transaction, and investors can leverage nearly 80 times. Compared with domestic commodity futures and stock index futures, the low threshold and high leverage of RMB futures can not only attract financial institutions, import and export enterprises, but also attract individual investors. Investors can see the quotation of RMB futures contracts on the futures trading software.