SGX teams up with CBOT

SGX and CBOT have signed a Memorandum of Understanding (MOU) that “allows the two exchanges to explore the development of futures and options-on-futures contracts on Asian-based commodities potentially to be traded on the CBOT’s electronic trading platform,” the SGX says in a statement.

The commodities exchange is expected to start operating in the first half of 2006. “Our recent experience in successfully launching a commodity product with international delivery points, in combination with SGX's

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