ParFX Releases Free Offshore Renminbi Data

The data will be free of charge to promote fairness in the market

roger-rutherford1

The USD/CNH pair went live on Sept.14 following an extensive testing period, in response to demand from banks and the buyside to be able to trade the currency in an environment protected from high-frequency trading.

In order to adhere with the ParFX's core principles of "fairness and equality," all participants will receive the market data at the same time, via a feed which is delivered from a single connection point in London to customers of the ParFX trading platform, says Roger Rutherford, ch