Global Funds Shun Yuan Options Trades on Decade-Low Volatility
China’s relentless drive to keep the yuan stable is crippling activity in the offshore currency derivatives market, depriving foreign investors of trading opportunities and leaving them exposed should volatility return.
By Iris Ouyang and Ran Li · Bloomberg Markets
China’s relentless drive to keep the yuan stable is crippling activity in the offshore currency derivatives market, depriving foreign investors of trading opportunities and leaving them exposed should volatility return.