|
|
Article: Singapore International Monetary Exchange gets approval for Nikkei Stock Average Futures Contract offering in the U.S.
- Article from:
- PR Newswire
- Article date:
- December 5, 1986
CopyrightCOPYRIGHT 1986 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
>R F % TO BUSINESS DESK:
SINGAPORE MONETARY EXCHANGE GETS APPROVAL FOR OFFERING IN U.S.
SINGAPORE, Malaysia, Dec. 5 /PRNewswire/ -- The Singapore International Monetary Exchange (SIMEX) announced that it today received written approval from the staff of the Commodity Futures Trading Commission (CFTC) for its Nikkei Stock Average Futures Contract to be offered and sold to persons and institutions in the United States.
SIMEX became the first futures exchange in the world to trade Japanese stock index futures when the Nikkei Stock Average Futures Contract was launched Sept. 3. The Nikkei Stock Average on which the futures contract is based is a ...