CME partners with S&P

CME, the global financial exchange for equity derivatives trading, is planning to launch a new futures contract based on the S&P Asia 50 Index, the only Pan-Asia equity index that tracks the 50 largest stocks traded in Hong Kong, Korea, Singapore and Taiwan. It is designed specifically to help investors hedge financial risks associated with movements in the region's equity markets.

"CME is expanding its global reach and market share beyond US borders through a number of fronts, all designed to

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