Is there anyway for retail to trade the Yuan?

heavenskrow · Jan 31, 2016

I've been hearing about this trade for quite a bit and I am somewhat interested in allocating some part of my portfolio to short the yuan/China.

What would be the best way for a retail trader to short China/yuan?
Thanks!

recession2016 · Jan 31, 2016

go borrow some yuan from a guy at your local chinese food place, tell him you want to make a bet that the value of the yuan will drop and if it does he has to give you free chinese food

most chinese love to gamble, so he'll probably take the bet

it's a good way to get some free chinese food

K-Pia · Feb 1, 2016

Or if you prefer to deal behind a screen

http://www.cmegroup.com/trading/fx/emerging-market/chinese-renminbi.html

Or fx brokers allow you to trade the spot.
But ask for confirmation before to subscribe.

K-Pia · Feb 1, 2016

Actually the futures contract looks illiquide.

Daal · Feb 1, 2016

the interest rate to borrow the yuan will likely eat all the profits

ETcallhome · Feb 1, 2016

you can trade the cnh at ib. Which is sort of like the hong kong version. as we speak the spread is about 2 pips.

achilles28 · Feb 1, 2016

There may be an ETF out there. All the hedgies are going short Yuan

debitspread · Feb 1, 2016

> There may be an ETF out there

http://etfdb.com/type/currency/rmb-chinese-yuan/
RMB (Chinese Yuan) ETF List

zdreg · Feb 1, 2016

the bottom is in for the yuan. two posters have told me so.

MacroAlex · Feb 1, 2016

I thought the HIBOR spike makes the CNH spot trade pointless? I had a spot position for a few weeks and the interest ate all my profits. Is anyone aware of better way to trade the Yuan than spot? The IV in options must be very high I guess and the future are expensive as well.