CME, Matif And Simex Forge Global Electronic Alliance
EXCHANGES
CHICAGO--The Chicago Mercantile Exchange (CME), the Singapore International Monetary Exchange (Simex) and the Societe des Bourses Francaises (SBF Paris Bourse) have joined forces to offer all their derivatives contracts on a single trading platform. This Globex Alliance will form the first global network of derivatives exchanges using an electronic format.
The deal, which was completed last week, will mean the rollout of a fully integrated system starting in the third quarter of this year. The
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