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HKEx plans for spot commodity markets in China would involve physical delivery

Posted on 03 March 2016

Plans by Hong Kong Exchanges and Clearing to create mainland, physically deliverable spot commodity markets are a way of getting the London Metal Exchange’s warehousing expertise into China, HKEx Chief Executive Charles Li said on Wednesday.
In its 2016-2018 Strategic Plan released earlier this year HKEx said it would explore the possibility of creating a mechanism for spot commodity trading in China supported by a warehousing and financing platform……………………………………….Full Article: Source


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