INTERNATIONAL: SGX and China Financial Futures Exchange collaborate to develop derivatives markets

Thursday April 11 2013

Singapore Exchange (SGX) and China Financial Futures Exchange (CFFEX) have signed a Memorandum of Understanding (MOU) to cooperate in the development of the derivatives markets in China and Singapore. The agreement was signed in Beijing, China, between Mr Rong Zhiping, Deputy CEO of CFFEX and Mr Magnus Böcker, CEO of SGX.

Under the MOU, both exchanges will jointly explore possible areas of cooperation including product and market development, information sharing and human resources training. With the agreement, both exchanges will also consider synergies to better address the demands and needs of market participants in China and Singapore.

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