Tuesday October 22 2013
News Source: Global Exchanges
Focus: Derivative Market Segment
Type: General
Country: International
Singapore Exchange (SGX) and the Shanghai Futures Exchange are cooperating in the development of the commodity derivatives markets in both China and Singapore.
The two exchanges signed a memorandum of understanding (MoU) on the cooperation in Shanghai, China, on Saturday, 19th October 2013. They will jointly explore areas of cooperation including the development of derivatives for energy, metals, chemicals and commodity indexes. The MoU also covers exchange of ideas and information sharing.
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