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SGX, DCE reaffirms commitment to cooperation via MOU

Singapore-based Singapore Exchange (SGX) and Dalian Commodity Exchange (DCE) headquartered in Dalian, Northeast China’s Liaoning province, formally reaffirmed their commitment to cooperation especially in iron ore derivatives via their renewing the Memorandum of Understanding (MOU) in Singapore on November 7, according to a SGX release on November 8.
The latest signing built upon the first agreement to cooperate between the two exchanges back in March 2014, Mysteel Global understands from the market. The renewed MOU illustrate the two parties’ willingness to “explore cooperation in market data and product marketing, to provide customers with more complete pricing information (onshore and offshore), and to introduce iron

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