HKEX and Thomson Reuters Sign Agreement To Create New Renminbi Indices
Posted: Mon May 23, 2016 6:59 am
Stock exchange group Hong Kong Exchanges and Clearing Limited (HKEX) and Thomson Reuters announced today that they have signed an agreement for the creation of a new series of renminbi (RMB) indices.
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The partnership will enable the parties to reach a broad community with indices.
The new index series provides benchmarks which reflect the development of the RMB’s effective exchange rate against other major currencies. They are designed to be transparent, tradable and compliant with the International Organisation of ... (read more)