Tiffe and CBOT sign memorandum of understanding
The Tokyo International Financial Futures Exchange (Tiffe) and the Chicago Board of Trade (CBOT) have signed a memorandum of understanding for the development and efficient operation of their markets.
Jiro Saito, chairman and chief executive of Tiffe, said he hopes the agreement will enhance the market development of both exchanges.
CBOT president Bernard Dan said: “The Tiffe exchange has been characterised as the youngest and one of the most innovative exchanges in Japan, and we welcome the opportunity to share intellectual resources with leaders of this institution.”
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