China Construction Bank (CCB) Frankfurt Branch has been authorised as a trading and direct clearing member of the cash and derivatives markets operated by Deutsche Börse Group, the first Chinese institution to achieve this distinction. The admission also enables the CCB to participate in CEINEX, China Europe International Exchange.
Said Xie Junle, CCB Frankfurt General Manager: “We are pleased to be able to leverage our trading and direct clearing membership on Deutsche Börse Group to access both the cash and derivatives markets and to promote direct accessibility for Chinese investors. Deutsche Börse’s trading platforms are robust, transparent and provide highest standards in regards to security mechanisms. Moreover, we are excited to support the mission of CEINEX to establish a bridge between China and international market.
Chen Han, CEO of China Europe International Exchange AG (CEINEX), said: “The admission of CCB enables the bank to directly participate in the market of CEINEX. This marks an important milestone and strengthens our efforts in promoting the development of our new liquidity pool for China and RMB-denominated products of CEINEX.”