German Exchange signs co-operation with CFFEX

Deutsche Börse and China Financial Futures Exchange (CFFEX) today signed a Memorandum of Understanding (MoU) in Beijing. The parties agreed

Deutsche Börse and China Financial Futures Exchange (CFFEX) today signed a Memorandum of Understanding (MoU) in Beijing. The parties agreed on a co-operation and an extensive exchange of information in order to facilitate the further development of both financial markets.

In accordance with the MoU, the two exchange organizations are to start a comprehensive sharing of knowledge and information on business areas and regulatory developments. Further elements of the co-operation agreement include joint training and education initiatives, as well as an employee exchange program and regular visits from each exchange’s senior management.

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

The CFFEX started trading on China’s first onshore stock index in 2010. The index is a reflection of the top 300 shares traded on Shanghai and Shenzhen exchanges.

Suggested articles

What to Look for in a Forex Technology Provider?Go to article >>

The CSI 300 is currently trading at 2608.32. 

“We are very pleased to have signed this agreement with CFFEX and look forward to deepening our relationship with leading institutions and authorities of China’s financial markets,” said Andreas Preuss, Deputy CEO Deutsche Börse and CEO of Eurex, the derivatives arm of Deutsche Börse.

China’s youngest futures exchange the CFFEX started signing partnerships (MOU) with foreign exchanges earlier this year, it initiated with neighbouring exchange; HKEX in Hong Kong.

Got a news tip? Let Us Know