Shanghai Futures Exchange and COSCO Shipping reach strategic cooperation, to promote shipping derivatives

According to the Shanghai Securities News, the Shanghai Futures Exchange and China COSCO Shipping Corporation signed a strategic cooperation framework agreement in Shanghai on May 14.

According to the Shanghai Securities News, the Shanghai Futures Exchange and China COSCO Shipping Corporation signed a strategic cooperation framework agreement in Shanghai on May 14.

In the future, the two parties will carry out comprehensive, in-depth and pragmatic cooperation in the development of shipping derivatives, promoting the internationalization of the futures market, strengthening and strengthening futures delivery warehousing and integrated logistics services.

It is reported that the two sides will set up liaison and professional working groups to carry out in-depth research cooperation and strengthen information communication and exchange.

The two parties will jointly promote the healthy development of the industry and promote advantages in the integration of the financial industry and the logistics industry.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/15/shanghai-futures-exchange-and-cosco-shipping-reach-strategic-cooperation-to-promote-shipping-derivatives/.

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