Search

The increase can be attributed in part to substantial triple digit growth in certain products, including a 457% increase in trading on egg derivatives. In January a Chinese regulator prohibited "speculative" derivatives trading by state-owned enterprises. [Extracted from the article]

Asia's markets have underlined their dominance in a growing global derivatives market, according to 2019 volume statistics from trade association the FIA. The Indian exchange NSE overtook the American exchange CME as the largest global exchange by trading volume, with a 58% increase to a total of 6 billion contracts, according to the FIA data. [Extracted from the article]

CQG has hired Benjamin Soong as president o Asia-Pacific and Rick Chang as head of Greater China to boost the US firm's sales in the region. Speaking of his appointment Soong said: "It is a very exciting time to join CQG, as the company continues to expand rapidly across the globe… I look forward to building a world-class team that will help us accelerate our growth across Asia Pacific". Speaking on the firm's development Moroney added: "We have evolved in the past couple of years from a product-focused company to one that offers a range of critical solutions throughout the Americas, EMEA and APAC. [Extracted from the article]