Saxo Bank - News

    Saxo Bank

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    New: Trade Spot gold against offshore Chinese Renminbi (XAUCNH)

    Saxo Bank launched XAUCNH spot on 1 April 2014
     
     
     

     


    Cross

    Trade amoun​ts up to

    Target Spread ​in pips

    Minimum trade​ size

    XAUCNH

    1,000 oz

    490

    50 oz

     

    Margin is 8%. Trading conditions can be found here.

     

    At the same time Saxo Bank is improving all existing spreads for CNH (Chinese Offshore Renminbi) spot crosses. The current offering includes; USDCNH, EURCNH, AUDCNH, CNHJPY, CNHHKD and XAUCNH.


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