Bursa Malaysia Derivatives Inks Strategic Partnership MoU With Shanghai Futures Exchange And Shanghai International Energy Exchange

Bursa Malaysia Derivatives Berhad or (“Bursa Malaysia Derivatives”), the Shanghai Futures Exchange (“SHFE”) and the Shanghai International Energy Exchange (“INE”) on Tuesday signed a Memorandum of Understanding (“MoU”) with the intent to strengthen existing business partnership. The MoU will commit the named Exchanges to share information and best practices pertaining to product development, market operations, and in the areas of common interest for all three markets.

“The signing of this MoU is a positive development that will lay the groundwork for a long-term relationship between Bursa Malaysia Derivatives, SHFE and INE,” said Samuel Ho, Chief Executive Officer of Bursa Malaysia Derivatives. “Aside from driving the growth of the ASEAN derivatives markets, this collaboration will indirectly support and contribute towards the ChinaMalaysia economic trade, given China’s position as Malaysia’s largest trading partner and rubber importer.

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