How to invest or trade Yuan ?

[Doji7]

Any ideas

How to to invest or trade Yuan ?

 

[Ivanovich]

Oanda lets you play USD/CNY. The carry is killer, though.

 

[loik]

<A HREF="http://www.cme.com/trading/prd/fx/chinese.html" TARGET="***">CME</A>

 

[sim03]

Quote from loik:

<A HREF="http://www.cme.com/trading/prd/fx/chinese.html" TARGET="***">CME</A>

Might want to take a look at liquidity first:

http://www.cme.com/html.wrap/wrappedpages/end_of_day/daily_settlement_prices/rmb.html?h=1

10/23/07 volume = 1 (one)
10/24/07 volume = 61
Open interest = 343

Maybe OK for investing (but with the added hassle and spread cost of monthly rollovers), not for trading. Oanda would be a far better and less expensive alternative.

 

[Doji7]

Why carry at oanda is a killer?

thanks

 

[AKUMATOTENSHI]

Find a good broker and buy the hard currency. ie. Travelex... etc.

Akuama

 

[The Kin2]

Quote from Doji7:

Why carry at oanda is a killer?

thanks

Negative interest

 

[datamerc]

EverBank might be what you are looking for: http://www.everbank.com/001WorldCurrencyAccess.aspx?LinkID=Body1

 

[acerbits]

buy some yuan from a chinese......................

 

[FXGenius]

Any idea of how much will Yuan get strong and in how much time?