Jade launched in late September


The Joint Asian Derivatives Exchange (Jade) launched on September 25 and started trading its first-ever commodities contract, the Technically Specified Rubber 20 futures contract (TSR 20 Rubber). The exchange is a commodity-trading joint venture between the Singapore Exchange (SGX) and the Chicago Board of Trade (Cbot).

TSR 20 Rubber is a 12-month US dollar-denominated contract traded in units of 20 tonnes, and pricing is based on physical delivery date. The contract will be hosted on Cbot's

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