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CFFEX to launch mock trading of futures on USD/EUR, USD/AUD on Oct.29

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2014-10-21 GMT+8:00

BEIJING, Oct.20 (Xinhua) -- China Financial Futures Exchange (CFFEX), China's leading financial derivatives exchange, said in a statement Monday that it will start mock trading of currency futures on euro and Australian dollar exchange rates against the UD dollar on October 29.

The launch of cross-currency futures will better help Chinese companies to hedge against foreign exchange risks, and also meet individuals' demand for greater investment in foreign currencies, CFFEX said. (Edited by Ding Lei, dinglei@xinhua.org)

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