To further strengthen its activities in China, Deutsche Börse Group teams up with Zhengzhou Commodity Exchange. The strategic partnership will focus on the futures market and is intended to create a strong bond between Zhengzhou Commodity Exchange and Eurex, Europe’s largest derivatives exchange that is part of Deutsche Börse Group.
“Entering this partnership marks a milestone in the context of the impressive opening up of China’s capital markets,” says Michael Peters, deputy CEO of Eurex. “We look forward to strengthen our relationship with Zhengzhou Commodity Exchange and to explore international cooperation business in the commodity futures market.”
Deutsche Börse Group already established partnerships with several Chinese exchanges, among them Shanghai Stock Exchange (SSE), China Financial Futures Exchange (CFFEX) as well as several financial institutions. Since August 2010, its subsidiary Eurex has been offering the “Asia Training & Education Initiative”, which includes co-operations with the Chinese University of Hong Kong, Shanghai Advanced Institute of Finance at Jiao Tong University, Singapore Management University and National Taiwan University.
