CME Group (CME) says it will allow investors holding renminbi deposits outside of China to use...

|About: CME Group Inc. (CME)|By:, SA News Editor

CME Group (CME) says it will allow investors holding renminbi deposits outside of China to use the currency as collateral for futures trading starting in Jan. 2012. Credit Agricole strategist Dariusz Kowalcyzk says the move has "symbolic significance" with the well-known futures exchange putting a stamp of legitimacy on the Chinese currency.