The new platform will enable RBC Capital Markets to execute interbank trades in CNH with its global clients and counterparties, offering FX Spot, Forwards and Swaps.
This new offering builds on the existing CNY Non-Deliverable Funds product, which RBC has been active in for some time.
RBC Capital Markets global head of FX Ed Monaghan said the ascent of China to the second largest economy in the world means its currency has grown in importance and is even more relevant to RBC global client base.
"We see significant future prospects in the CNH market and will be developing this business over the coming months," Monaghan said.
