Items | CNY markets | CNH markets |
Financial Products | Spot, Forward, Swap, Options | Spot, Forward, Swap, Options |
Market Participants | Residents (onshore bank, financial company) | Nonresidents (commercial company, offshore financial institution, hedge fund) |
Central Bank Intervention | Yes | No |
Exchange Rate Regime | Managed Floating Exchange Rate System | Floating Exchange Rate System |
Trading Band | ±2% | No |
Trading Hours | 9:30 - 16:30 | 9:00 - 17:00 |