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CME launches Japanese LNG contract

With SGX having launched its LNG derivatives contract recently, the two exchanges are battling for market share

Published Mon, Feb 22, 2016 · 09:50 PM

    Singapore

    THE Chicago Mercantile Exchange (CME) on Monday launched a new Japanese liquefied natural gas (LNG) futures contract, taking the battle to establish the first Asian LNG pricing benchmark up a notch.

    Less than a month ago, the Singapore Exchange (SGX) launched its LNG derivatives contract, so the two exchanges are now in a race for market share.

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