Electronic yuan trading could be big

China is poised to allow widespread active trading in the yuan, and some firms are examining the prospects of establishing electronic markets in the currency, reports the Australian Business.

"[T]he advent of electronic trading -- and its likely expansion to traders outside Hong Kong -- marks a significant step toward building the infrastructure for an international market in the yuan, which could eventually alter global currency trading," the paper reports.

Read more: Electronic trading of yuan poised to alter global currencies markets

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