Brief Objects - 01/02/06
Brief Objects
The Chicago Board of Trade (CBOT) and the Singapore Exchange (SGX) have createda 50/50 joint venture, dubbed Joint Asian Derivatives, for the trading of commodityderivatives, confirm officials from CBOT and SGX. Through the joint venture,the exchanges will establish the Joint Asian Derivatives Exchange (JADE), slatedto be operational by the third quarter of 2006. The exchanges will work to launchcommodity contracts on the new exchange to be traded via CBOT's electronictrading
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