CME works with Chinese on derivatives: Tries to develop new market National Edition

The Chicago Mercantile Exchange, the biggest U.S. futures market, is working with Chinese regulators and banks to encourage use of the US$600-trillion U.S.-listed derivatives market. As well as its U.S.-listed contracts, the Merc expects to sell technology and clearing services to Chinese exchanges...

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Bibliographic Details
Published inNational post (Toronto)
Main Author Nandini Sukumar and Ann Saphir
Format Newspaper Article
LanguageEnglish
Published Don Mills, Ont Postmedia Network Inc 26.09.2005
Subjects
Derivatives
Donohue, Craig
Futures
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Summary:The Chicago Mercantile Exchange, the biggest U.S. futures market, is working with Chinese regulators and banks to encourage use of the US$600-trillion U.S.-listed derivatives market. As well as its U.S.-listed contracts, the Merc expects to sell technology and clearing services to Chinese exchanges and banks building a domestic market for foreign-exchange and interest-rate contracts, Mr. [Craig Donohue] said in Chicago on Friday before leaving for Shanghai.
ISSN:1486-8008