CME just recently launched futures in the Chinese Yuan currency. Has anyone here traded this yet? I just looked it up today and here are some details: The December contract is: RMBZ11 Bid: 0.15600 Ask: 0.15800 Tick size is: 0.00001 = $10.00 Initial margin: $1,440 Maintenance margin: $1,200 If you have traded this, is it liquid enough yet, due to being a new product? Is the spread expensive due to the tick size? This looks to be promising though, an easy way to take advantage of the one-sided trade, with a bit of leverage. It looks a lot better than the Yuan etf's out there, which take a lot of cash to make any kind of profit on the small moves.