| From Bloomberg: Singapore Exchange Ltd., operator of the city’s securities and derivatives markets, represents as much as 90 percent of global over-the-counter clearing of iron- ore swaps, said the chief executive of its commodity unit.
More than 200 counterparties, which are producers, users and traders of the steel-making ingredient, are using the service, Chief Executive Officer Jeremy Ang of the Singapore Commodity Exchange said in an interview today..............................................Full Article: Source
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