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USD/CNH Futures
Celebrate 10th Anniversary
 

17 September 2022 marks 10 years since the launch of USD/CNH Futures, the world’s first deliverable RMB currency futures.

Throughout the years, USD/CNH Futures proved to be a reliable foreign exchange hedging tool for investors to protect their assets from foreign currency volatility. In 2022, increasing demand for currency risk management tools drove trading volume of USD/CNH Futures to the new highs, with the year-to-date trading volume exceeding 2,000,000 contracts on 30 August for the first time since their launch, and setting a new milestone in the listed currency derivatives market in Hong Kong. 

The success of USD/CNH Futures would not have been possible without the support of our market participants. Thank you to all who helped grow the Hong Kong listed currency derivatives market. We look forward to marking many new milestones and celebrating more anniversaries with you in the years to come!


Product Highlights

 

USD/CNH Futures (CUS)

  • Year-to-date volume: 2,134,590 contracts (as of 15 September)
  • Year-to-date average daily volume (ADV) is 12,339 contracts (notional value: US$1.2 billion)
  • Single-day trading volume reached 39,149 contracts (notional value: US$3.9 billion) on 25 April 2022, the highest on record

Mini USD/CNH Futures (MCS)

  • Year-to-date volume: 886,328 contracts (as of 15 September)
  • Year-to-date average daily volume (ADV) is 5,123 contracts (notional value: US$102.5 million)
  • Single-day trading volume reached 30,203 contracts (notional value: US$604 million) on 25 April 2022, the highest on record
 
 

Yearly trading volume (no. of contracts)
of CUS and MCS

 

*Data up to 15 September 2022

 

 

HKEX’s currency
futures and options product suite