Thursday December 4 2014
News Source: Global Exchanges
Focus: Other
Type: General
Country: International
Japan Exchange Group (JPX) and Singapore Exchange (SGX) will enter a Letter of Intent (LOI) to collaborate in the joint development and promotion of the markets on both exchanges. This cooperation further deepens the long-standing relationship and strategic partnership between JPX and SGX.
Under the LOI, JPX and SGX will jointly explore and collaborate in areas such as:
- Examining the possibility of developing new derivatives products based on TOPIX;
- Collaborating the development of commodities markets on both exchanges;
- Enhancing international connectivity via co-location data centres in each market; and
- Facilitating greater understanding of both markets via promotional activities and efforts.
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