Date：December 8, 2014
Source: Futures Daily

China Financial Futures Exchange (CFFEX) signed a memorandum of understanding (MOU) with Dubai Gold & Commodities Exchange (DGCX) in Shanghai on December 8.
It is learned that this is the first MOU that CFFEX has signed with a derivatives exchange in the Middle East, and both parties will establish partnership on this basis to start close cooperation in such areas as risk management, operation strategy, market monitoring and new product development.
According to CFFEX CEO Hu Zheng, DGCX is the leading derivatives exchange in the Middle East, with ample products and great influence in the financial market. The signing of MOU with DGCX is part of CFFEX’s international strategy, which has laid a solid foundation for both parties’ future cooperation.
Gaurang Desai, Acting CEO of DGCX, said that he is glad to sign the MOU with CFFEX, which will beneficial to both parties and will promote the two sides to explore more business opportunities, extend their global influences and finally benefit their clients.