Singapore Exchange buys CME's stake in JADE market

SINGAPORE Fri Nov 9, 2007 4:15pm IST

Stocks

   

SINGAPORE Nov 9 (Reuters) - Singapore Exchange (SGXL.SI) said on Friday it will buy CME Group's CME.N stake in the Joint Asian Derivatives Exchange or JADE market for around S$1.14 million.

JADE was set up to trade derivatives such as crude palm oil and rubber futures. ((Reporting by Kevin Lim; kevin.lim@reuters.com; Reuters Messaging: kevin.lim.reuters.com@reuters.net; +65 6403 5663))