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Commodities Briefing - Categorized | Commodities Exchanges, Market Moves more

CME Group’s turn to move into Asian commodities markets

Posted on 05 March 2014

CME Group Inc., locked in a race to extend its global footprint against rival IntercontinentalExchange Inc., has found itself outflanked in Asia by ICE’s just completed takeover of the Singapore Mercantile Exchange.
The $8.0 billion transaction now intensifies pressure on Chicago-based CME Group, the world’s largest owner of commodity exchanges, to carry out its own acquisition in the high-growth Asian market. ……………………………………….Full Article: Source


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