Looking to the East

- Jill Wong
- 01 Nov 2005

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Cooperation between Western and Asian exchanges has been on the rise in recent years. Euronext is due to open an Asian telecommunications hub in Singapore, following a similar move by the Chicago Mercantile Exchange (CME) in June this year. In August, the Chicago Board of Trade (CBOT) signed a memorandum of understanding (MOU) with the Singapore Exchange for the development of a commodity derivatives exchange, which is expected to start operating in the first half of 2006.

In China, the CME is

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