Introduction to the Foreign Exchange Trading Center

{}Posted in2023/2/25 16:15:51 | 7Browse

The Foreign forexrebatecommission Trad fxrebatecentralg Center was established on April 18, 1994 as an institution directly under the head office of the Peoples Bank of China. Its main functions are: to provide national bestforexrebatecompany foreign cashback forex, RMB interbank lending, bond best forex rebate company exchange rate and interest rate derivatives trading systems and organize transactions; to provide interbank rebatesforexbroker clearing, information and supervision services; to carry out other businesses approved by the Peoples Bank of China　　China Foreign Exchange Trade Center and National Interbank Offered Rate Center (hereinafter referred to as the Exchange Center) was established on April 18, 1994, as a specific organizer and operator of Chinas interbank foreign exchange market, currency market, bond market, and exchange rate and interest rate derivatives market under the direct leadership of the Peoples Bank of China and the Bureau of Foreign Exchange in recent years. Under the direct leadership of the Peoples Bank of China (PBOC) and the Bureau of Foreign Exchange (BFE), the Exchange has been closely focusing on the reform of RMB exchange rate and interest rate and the development of financial market, and has been committed to the construction of infrastructure, product and mechanism innovation in the interbank local and foreign currency market. The interbank market has become one of the most traded markets in Chinas financial market, covering the foreign exchange market, currency, bond and derivatives markets. The total volume of transactions in the local currency market exceeded RMB 110 trillion in 2008 and reached RMB 138 trillion in 2009. 2. Undertake the construction, operation, maintenance and management of the nationally unified enterprise and personal credit information database and movable property financing registration system. 3. Organize and implement the operation of the nationally unified enterprise and personal credit information database and movable property financing registration system in accordance with relevant national laws and regulations. 4. Responsible for the development of a nationally unified enterprise and personal credit information database, movable property financing registration system operation and maintenance of internal management system and business technical standards 5. 7. Provide credit information services to commercial banks and related parties, and its value-added applications and marketing 8. Responsible for organizing and promoting the construction of a unified credit collection platform for the financial industry 11. Other matters authorized or assigned by the Peoples Bank of China

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