Breakthrough in the transaction model launched during the year, "what you see is

China's foreign exchange trading model is about to take another big step forward. The twelve-year running of China Foreign Exchange Spot Market Inquiry Transaction Model is expected to bring brokered transactions at the end of the year. This will not only increase market transparency and transaction efficiency, find favorable prices, and be in line with international practice, Quote ability to put forward higher requirements.

China Foreign Exchange Trade Trading Center issued a notice earlier this month saying it plans to launch spot matching trading on the next-generation foreign exchange trading platform (CFETS FX2017) in December 2017 and has completed a review of 32 market making agencies and two market-making attempts Institutional training. At the same time, the bidding and inquiry trading functions of the existing foreign exchange trading system will continue to be preserved and operate normally. In addition, it is planned to go live (bidding and asking), forwards, swaps, currency swaps and gold inquiry business in early 2018.

"This is a new thing, the renminbi is now subject to market-based fluctuations in the real market price will hang up, a little deal." Sunway Fan, chairman of Divisional Investment Advisory Co., pointed out that "because the volume of transactions, trading than the previous quote The advantage is that now how much is the amount of visible and tangible, after the previous quote of the bank to go after the inquiry is not necessarily done. Now WYSIWYG, a knock on the deal.