SGX launches new iron ore futures contract
Apr 08, 2013 | 12:52 PM
| Michelle Madsen
LONDON The Singapore Exchange (SGX) launched its long-awaited iron ore futures contract April 8 as interest increases in ferrous derivatives and new U.S. market regulations come into effect.
The SGX originally planned to launch the contract in January in a bid to attract and retain U.S. clients unable to trade over-the-counter (OTC) swaps due to new rules set out in the Dodd-Frank Wall Street Reform and Consumer Protection Act....
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