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FXCM to Offer Offshore RMB Trading to its Global Client Base



9 Apr 2014 - New York, NY, USA
Source: FXCM Press Release

FXCM Inc. (NYSE:FXCM), a leading online provider of forex trading and related services, has deployed USD/CNH trading to all clients on all platforms excluding Japan.

FXCM traders around the world will now have the opportunity to trade their opinion on the world's second-largest economy, and a major influencer in international finance - China. "We are excited to offer the USD/CNH across different platforms as this will allow clients to take advantage of growing international markets," said Drew Niv, CEO of FXCM. "FXCM is continuously working to diversify its product offering to the global trading community."

CNH is an offshore version of the RMB introduced by the Hong Kong Monetary Authority and People's Bank of China which allows investors outside of mainland China to gain exposure to the RMB. Clients will be able to trade the USD/CNH, alongside other major FX pairs in the US, European, Asian, and Australian markets. Traders will also be able to trade the USD/CNH in 1k lot sizes and take advantage of FXCM's renowned No Dealing Desk Execution on the pair. FXCM NDD offers no re-quotes - giving traders fast and efficient trade execution, competitive pricing, no commissions, and a comprehensive suite of educational services.

About FXCM Inc.

FXCM Inc. (NYSE: FXCM) is a global online provider of foreign exchange (forex) trading and related services to retail and institutional customers world-wide.

At the heart of FXCM's client offering is No Dealing Desk forex trading. Clients benefit from FXCM's large network of forex liquidity providers enabling FXCM to offer competitive spreads on major currency pairs. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. FXCM's U.K. subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote1 trading and allows clients to trade oil, gold, silver and stock indices along with forex on one platform.





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