by swisscham in Business
On December 2, the China Futures Association (CFA) signed memorandums of understanding on cooperation with operators of the Hong Kong and Singapore stock exchanges, as well as the Swiss Futures and Options Association. The MOUs were signed in the southern Chinese city of Shenzhen on the sidelines of the 9th China International Derivatives Forum. The China Futures Association said in a statement that it would cooperate with the three financial institutions on business, information sharing and training. CFA Chairman Liu Zhichao said development of China’s futures industry would be market-oriented and law-based, and would feature an international perspective.