SGX records early success in coking coal contract (Amended)
But some market players caution that the jury is still out on whether it can remain in the lead
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Singapore
THE Singapore Exchange (SGX), in its push for market acceptance of products adjacent to its successful iron-ore derivatives, is seeing some initial traction.
Trading volumes of its derivative contracts for coking coal - another ingredient for steel-making, aside from iron ore - have surged this year on the back of extreme price volatility.
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