Industrial and Commercial Bank of China Ltd recently began providing real-time quotes for various foreign exchange transactions in Asia time through international financial information service providers.
The bank is the only domestic financial institution in China to offer this service, according to the bank. ICBC will now display and refresh forex quotes on their terminals.
Currently, ICBC provides real-time quotes globally for eight currency pairs: EUR/USD, USD/JPY, AUD/USD, NZD/USD, USD/HKD, GBP/USD, USD/CHF and USD/CAD. The duration of the transactions can be for one day, one week, one month, three months, six months and one year.
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