16 October 2017
visit www.response.ncr.com

Tokyo Financial Exchange and Dalian Commodity Exchange sign MoU

09 June 2006  |  1986 views  |  0 Source: Tokyo Financial Exchange

Tokyo Financial Exchange Inc. (TFX) and the Dalian Commodity Exchange (DCE) today announced that they have signed a Memorandum of Understanding (MOU) to co-operate in the development and efficient operation of both markets.

By signing the MOU, TFX and DCE will initiate a development of cooperation and business opportunities through information sharing, and market/product development. Both exchanges will share information about new products, trading methods and changes to the contract specifications of listed products, and assist one another generally in marketing and educational programs such as informational meetings and industry research symposiums.

The following comments have been made by the two exchanges on the signing of the MOU.

Mr. Jiro Saito, President and CEO of TFX stated "Signing this MOU with DCE, which we respect as one of the largest futures exchange in China, has very significant meaning for TFX. DCE has actively developed international cooperation and vigorous product innovation for years and makes a great progress. We believe that the futures market will become more important in the fast-growing Chinese Market. We expect to further strengthen the cooperation between TFX and DCE, and to enhance market developments of both exchanges."

Dr. Yuchen Zhu, DCE President and CEO, stated, "Internationalization is an important part of the DCE's long-term developing strategies. China's futures market has been fast developing for years and will definitely keep this trend; our government also hopes the derivatives market would play more important role for China's economy growth and releases more and more policies recent years to promote the development of derivatives market. DCE always keeps a friendly cooperation with Japan's derivatives industry; today, we are pleased to sign this MOU with the TFX and look forward to further cooperation between two exchanges, which will benefit both markets."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.capgemini.comvisit www.temenos.comRegister now

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
14310 views comments | 11 tweets | 3 linkedin
Taiwan's Far Eastern International Bank suffers malware attackTaiwan's Far Eastern International Bank su...
13029 views comments | 16 tweets | 22 linkedin
Monzo fends off suitors as current account upgrade beginsMonzo fends off suitors as current account...
8935 views comments | 17 tweets | 14 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
7839 views comments | 15 tweets | 20 linkedin
Ripple blockchain network hits 100-member markRipple blockchain network hits 100-member...
7569 views comments | 13 tweets | 13 linkedin

Featured job

to £70K base, £105K ote, benefits
London, UK

Find your next job