On June 12, the Dalian Commodity Exchange (DCE) and Euronext signed a memorandum of understanding on cooperation in Paris, France, and the two sides will cooperate in joint product promotion, information sharing and other fields, in a bid to push forward the development of the futures and options markets.
According to the MOU, the two sides vow to research the demands for the commodity products in new geographic regions through a series of cooperative efforts, join hands in developing new products, and jointly formulate and issue the product strategies related to the trading on the basis of the safe and orderly operation of the market. The consensus has been reached that the two sides will support each other in the training and conferences related to the commodity derivatives market and other aspects.
A DCE official said that the Euronext, one of the comprehensive exchanges in Europe, is highly complementary with DCE and rich in experience in the derivatives businesses, technological innovation, international cooperation and other aspects. DCE hopes to seize the opportunity of the signing of the MOU to further consolidate and expand the relationship between DCE and the European derivatives market, further enhance the international level of DCE and contribute to the prosperity of the global derivatives market.
Euronext CEO Dominique Cerutti said: "It is an event of great significance for both of us the two exchanges, and we are honored to sign the MOU with DCE. We hope that the agreement will open a new chapter for our long-term cooperation. "
