SGX launches high-grade iron ore contracts; to develop Belt & Road indices
It partners Nanhua Futures, a China-based financial derivatives services platform, to develop indices related to the Belt and Road Initiative
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Singapore
THE Singapore Exchange (SGX) on Monday launched a set of high-grade iron ore derivatives, adding a new product to its globally dominant suite of iron ore contracts.
It also announced a partnership with Nanhua Futures, a China-headquartered financial derivatives services platform, to develop indices related to the Belt and Road Initiative (BRI).
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