China Interbank FX Market Members:
With the purpose of supporting the ‘Belt and Road’
Initiative and facilitating participation of offshore institutions intoInterbank
FX Market regional trading, upon approval by the State Administration of
Foreign Exchange (SAFE), China Foreign Exchange Trade System (CFETS) will
extend trading hour for Renminbi (RMB)against Kazakhstani Tenge(KZT) regional trading in the Interbank
FX Market, effective as of September 3rd, 2018. Detailed noticeis as
follows:
I. RMB/KZT regional trading hour will beadjusted from
10:30-16:30 to 10:30-19:00 (Beijing time,GMT+8).
II. Publish time-point of RMB/KZT reference
rate will remain unchanged at 10:15 (GMT+8).
III. Deadline for emergency services such as emergent transaction
and emergent cancellation that are related to RMB/KZT regional trading will be
extended from 16:00 to 18:30 (GMT+8).
IV. Trading hour of other regional-traded currencies in
the Interbank FX Market will remain unchanged at 9:30-16:30 (GMT+8) for the
time being.
Hereby this notice.
China Foreign Exchange Trade System
August30th,
2018