The week in renminbi: Amex gets green light onshore, traders can use existing accounts for London Connect, SGX sees surging A50 futures trading

"In the future, the [PBoC] will continue to take law-based and well-sequenced steps to advance the market entry approval of bank card clearing institutions in line with the principles of openness, fairness and justice,” the central bank added. * Outbound trading by Chinese investors on the upcoming London-Shanghai Stock Connect will not require them to open a new securities account, China Securities Depository and Clearing (CSDC) said in a document released on November 8. China and Argentina first entered a three year swap line agreement in 2009. * The People's Bank of China outlined more measures to support the private sector at the end of last week, including plans for special financial instruments as guarantees on private firms' bond issuance, according to officials quoted in a state media report published on November 10. Other measures will include supporting equity financing and further promoting bond issuance by the private sector. * The Shenzhen Stock Exchange terminated the listing of a company because its share value fell below Rmb1, the first time a delisting occurred as a result of the rules for the face value of stocks, the exchange said in an announcement on November 9.