German markets operator Deutsche Borse AG (DB1.ETR) will establish a joint venture with the Shanghai Stock Exchange and the China Financial Futures Exchange in Frankfurt allowing investors outside of China can trade yuan-denominated securities, Bloomberg reported, citing a statement released on Wednesday. The new venture will be called the China Europe International Exchange and will begin offering cash instruments in the fourth quarter. However, said market will not give investors direct access to the country’s capital market, instead allowing them only to trade the instruments based on Chinese assets.
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