22.10.2008 - Asia accepts need for commodities trading hub
From FT: Asia has become the world’s engine of commodities demand. In spite of the region’s critical role, however, it has failed to establish a strong commodities exchange. The vacuum has allowed London, New York and Chicago to thrive as commodities trading hubs. But battle lines are being drawn by old and new participants in Asia, which are determined to become the recognised commodities exchange for the region..... Full Article: Source