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CME Group in courtship with Tokyo Commodity Exchange

Posted on 14 March 2012

Japan’s largest commodity exchange, The Tokyo Commodity Exchange Inc. (Tocom), is seeking a capital and business alliance with CME Group. CME Group is likely to take 20% stake in the Japanese exchange that could pave the way for the CME to list its products on Tocom.
CME Group is expanding globally by forging product and technology alliances as mergers and acquisitions have proved largely unsuccessful for rivals such as NYSE Euronext and Nasdaq OMX in recent times………………………………………..Full Article: Source


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