CBOT President and CEO Bernard Dan said, “This is a significant milestone for the Exchange and is expected to make an important contribution to our expansion efforts in the Asian-Pacific Rim market. One of our missions is to deliver innovative products that meet the demand for liquid risk management tools in Asia. We are pleased to add Singapore to the list of 14 countries that allow direct electronic access to the CBOT’s highly liquid markets.”
The CBOT expects to establish a new point of presence (POP) in Singapore, which is anticipated to be operational in mid-November that will enable customers located throughout Asia to locally connect directly to the CBOT’s markets. In addition to Singapore, customers in Germany, Belgium, Finland, Gibraltar, Hong Kong, Ireland, Italy, Luxembourg, the Netherlands, Spain, Switzerland, Taiwan and the United Kingdom also have electronic access to all CBOT products traded on its markets.