CME Group and Bank of China Announce Strategic Cooperation
CME Group (NYSE: CME) and Bank of China, the most internationalized and diversified bank in China, today announced they have signed a Memorandum of Understanding to explore and potentially collaborate in a long-term business relationship that will harness the strengths of both organizations to provide mutual benefits as both parties grow their global businesses.
The non-binding agreement provides for the establishment of information-sharing links which cover education, training and marketing; in addition, the companies will focus on future business opportunities facilitating cross-border trading in commodities futures and options, subject to the applicable regulations.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.