| From Reuters: Singapore Mercantile Exchange (SMX) will start trading in August, launching one energy contract out of six initial securities, seeking to create Asian commodity benchmarks that serve the region's specific trading and hedging needs.
Chief executive Thomas McMahon said on Thursday SMX aims to capture between 3 and 5 percent of Asia's total derivatives market in terms of volume, including energy, metals, agriculture, currencies and commodity indices..............................................Full Article: Source
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