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FXCM rolls out offshore Chinese yuan trading to global client base
China has become the focus of the majority of FX firms over recent years, and despite the difficult entry barriers, many have succeeded, resulting in demand for Chinese currency China is often viewed by many FX industry participants as a treasure trove with a very securely locked door. Indeed, there is a very large potential client base on mainland China which is very keen on FX trading, yet the nation's government prevents any access to this by companies from the free world. Novel and somewhat successful methods of bypassing the obstacles which obscure the way into China have been adopted by most FX firms, however, ... (full story)
