DCE, Euronext Memo Inked

Date£º June 13, 2014
Source:Futures Daily


¡¡¡¡On June 12, 2014, the Dalian Commodity Exchange (DCE) signed with Euronext in Paris, France, the Memorandum of Understanding (MOU) on Cooperation, under which the two parties will boost the development of futures and options markets by cooperating in products promotion and information sharing.
¡¡¡¡According to the MOU, the two sides will be committed to cooperatively studying the needs of new regional commodity products and developing new products. They also agreed to mutual support on such aspects as training and meetings of commodity derivatives market.
¡¡¡¡According to a DCE official, as one of the comprehensive exchanges in Europe, Euronext, highly supplementary to the DCE, is experienced in derivatives business, technological innovation and international cooperation and other aspects. Taking this opportunity, the DCE are expecting to further consolidate and expand its liaison with derivatives markets in Europe, improve the level of its market¡¯s internationalization in a bid to make contributions to the prosperity of the global derivatives market.
¡¡¡¡Dominique Cerutti, CEO of the Euronext, said that the memorandum signing marked a significant event for both exchanges expecting to open a new chapter in their cooperation.


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