CFFE inks MoU with 4 US & European exchanges

Shanghai (CNS) -- The China Financial Futures Exchange (CFFE) announced on Thursday that it had signed several memoranda of understanding with the Chicago Board Options Exchange (CBOE), the Chicago Mercantile Exchange (CME), NYSE Euronext (NYX) and Deutsche Boerse AG (DBAG) on Wednesday and Thursday.

All four of the foreign exchanges are world leaders in the global financial derivatives market. Cooperative programs included in the MoUs cover information sharing and exchange, staff training, business collaboration and product development.

The CFFE signed a MoU with Hong Kong Exchanges and Clearing Limited early this year, and is applying for a membership in the World Federation of Exchanges.