China Foreign Exchange Trade System & National Interbank Funding Center (CFETS) announced today is its 20th Anniversary.

As the provider and organizer of infrastructure in China interbank market and the platform for Central Bank monetary and macro financial policies, China Foreign Exchange Trade System & National Interbank Funding Center (CFETS) provides services including trading, post trade, information, benchmark, training etc to interbank money market, bond market and foreign exchange market.

Established in 1994 with foreign exchange system reform, CFETS achieves daily trading volume of more than 1 trillion Yuan through its trading platform, generates a series of market benchmarks as CNY Central Parity Rate, SHIBOR, fixing repo rate and so on, and provides various categories of products to more than 6,000 member institutions and more than20,000 data vendors and regulators by now.