Which company has option for Canadian dollar / Chinese yuan?

> He should trade FXC against Renminbi futures?

Assuming he's retail and he's for real, what he should do is forget options, and trade his directional views in futs or ETFs.
 
OptionGuru said:
The bid/ask might be very wide. Maybe try a CAD/USA USA/YUAN combo?
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destriero said:
Well you obv don't trade FX. Nobody quotes cadusd. It is USD/CAD. But yes, you can go long USD/CAD and then short USD/CNY (CNH) for the carry trade. USD/CNY is currently 6.5437x42
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CAD/USA vs USA/CAD is irrelevant.

The OP stated "company" which one would imagine means a dealer and not an exchange and they could quote CAD/USA or USA/CAD - both are valid.


:)
 
OptionGuru said:
The CAD/USA vs USA/CAD is irrelevant.

The OP stated "company" which one would imagine means a dealer and not an exchange and they could quote CAD/USA or USA/CAD.


:)
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It is relevant. All spot/fwd dealers quote the primary; USD/CAD. I've never seen it trade OTC as CAD/USA. Hmmpf. USA you say?
 
It is going to far away, lets come back to the earth :) J/K

Make it simple, where can i trade the US dollar vs Chinese Yuan option.
 
MoreYummy said:
Make it simple, where can i trade the US dollar vs Chinese Yuan option.
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IMO ....... If you can find options for US dollar vs Chinese Yuan the bid/ask and volume will be very unfavorable.

Back to your OP and post #4 ....... The best way to hedge the Canadian dollar/Chinese yuan is to buy/sell the Chinese yuan with/for the Canadian dollar.




:)
 
OptionGuru said:
IMO ....... If you can find options for US dollar vs Chinese Yuan the bid/ask and volume will be very unfavorable.

Back to your OP and post #4 ....... The best way to hedge the Canadian dollar/Chinese yuan is to buy/sell the Chinese yuan with/for the Canadian dollar.




:)
More...
Yup. That's what I'm going to do. However not many broker has this cad Cny pair. Any recommendations. Thanks
 
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