Bloomberg.com, 2 Dec 2009
Dec. 2 (Bloomberg) -- The Singapore Mercantile Exchange expects to start commodity derivatives trading in the first quarter after receiving “in-principle” regulatory clearance from the central bank, it said today.
The bourse will trade precious metals, base metals, energy, agriculture, currency pairs and commodity indexes using an electronic platform developed by Financial Technologies India Ltd., it said. The exchange has not decided which products it will offer first, it said.
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