www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Industries

Iron ore trading platform CBMX inks MOU with SGX

Xinhua | Updated: 2013-05-08 10:48

SINGAPORE - China Beijing International Mining Exchange (CBMX), the only iron ore spot trading platform in China, has signed a Memorandum of Understanding with the Singapore Exchange (SGX) to boost their cooperation in developing the iron ore markets, the two exchanges said on Tuesday.

Under the MOU, they will jointly explore areas of cooperation including product development, market development and information sharing. The two exchanges will also explore a medium-term roadmap towards improvement of interaction and risk-transfer between the spot and derivatives markets.

Both exchanges said it was an important "first" in the global iron ore market, as the agreement brings together an international derivatives clearing platform and a spot trading platform.

Dong Chaobin, president of CBMX, said the exchange is hoping to promote the use of both the spot and derivatives platforms as trading and risk management tools.

"This will help iron ore market participants to achieve effective and efficient interaction between the spot and financial derivatives markets," Dong said.

Since the opening of CBMX on May 8, 2012, more than 13 million tons of iron ore have been traded. The trading pattern of the platform and the base price it generates, are gradually gaining market influence.

SGX AsiaClear is the pioneer commodities over-the-counter clearing service in Asia and enjoys over 90 percent global market share in the clearing of iron ore swaps.

The physical iron ore seaborne market in Asia has been growing fast in the last few years, driven partly by China's demand for steel production amid continued industrial development.

The derivatives market has developed alongside as the complementary risk-management and hedging tool against price volatility. SGX cleared a record 109 million tons of iron ore swaps in 2012, representing a growth of almost 2.5 times over the previous year.

Magnus Bocker, chief executive officer of SGX, said that the exchange is trying to expand the reach of its markets and clearing capabilities to Asia and globally.

"Closer collaboration between the various physical marketplaces and our derivatives market sets an ideal foundation for growth. It also aligns our respective platforms more effectively to the benefit of all market participants," he said.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 欧美激情免费观看一区 | 古代级a毛片可以免费看 | 成人9久久国产精品品 | 美女黄视频免费观看 | 萝控精品福利视频一区 | 欧美一级毛片欧美一级成人毛片 | aaa一级毛片 | 在线亚洲v日韩v | 第一区免费在线观看 | 日韩一区二区精品久久高清 | 精品久久成人 | aaaaaa级特色特黄的毛片 | 久久www免费人成精品 | 中文字幕在线观看网址 | 亚洲欧美一区二区三区在线播放 | 美女的让男人桶到爽软件 | 亚洲成人黄色片 | 欧美xxxxx九色视频免费观看 | 手机在线成人精品视频网 | 能直接看的一级欧美毛片 | 久久女同互慰一区二区三区 | 日本美女作爱 | 亚洲欧美日韩成人一区在线 | 日韩视频在线观看中字 | 99国产精品久久久久久久日本 | 欧美精品在线免费观看 | 久久久久久一级毛片免费野外 | 精品国产中文一级毛片在线看 | 嫩小性性性xxxxbbbb | 亚洲欧美精品国产一区色综合 | 欧美一做特黄毛片 | 免费精品久久 | 亚洲在线精品 | 亚洲精品美女在线观看播放 | 国产精品亚洲综合天堂夜夜 | 免费黄色三级网站 | 亚洲国产成人精彩精品 | 日韩精品在线看 | 国产亚洲福利 | 日韩欧美中文字幕一区二区三区 | 日韩不卡在线观看 |