Which company has option for Canadian dollar / Chinese yuan?

OP, there are options on the CME (USD) but they never trade. There are no retail dealers offering options on CNY.

 

> He should trade FXC against Renminbi futures?

Assuming he's retail and he's for real, what he should do is forget options, and trade his directional views in futs or ETFs.

 

CAD/USA vs USA/CAD is irrelevant.

The OP stated "company" which one would imagine means a dealer and not an exchange and they could quote CAD/USA or USA/CAD - both are valid.

 

It is relevant. All spot/fwd dealers quote the primary; USD/CAD. I've never seen it trade OTC as CAD/USA. Hmmpf. USA you say?

 

Only to you.

 

> All spot/fwd dealers quote the primary; USD/CAD

He's right about this.

 

It is going to far away, lets come back to the earth J/K

Make it simple, where can i trade the US dollar vs Chinese Yuan option.

 

IMO ....... If you can find options for US dollar vs Chinese Yuan the bid/ask and volume will be very unfavorable.

Back to your OP and post #4 ....... The best way to hedge the Canadian dollar/Chinese yuan is to buy/sell the Chinese yuan with/for the Canadian dollar.

 

Yup. That's what I'm going to do. However not many broker has this cad Cny pair. Any recommendations. Thanks