05.03.2014 - CME Group's turn to move into Asian commodities markets
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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