CME Eyes China, India in Hunt for Higher-Margin Derivatives
- Group plans to offer CSI 300 Index futures outside China
- CME picks MCX for potential commodities joint venture in India
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CME Group Inc., the world’s largest futures market, is targeting China and India as it scours the globe for higher-margin products to sustain recent profit growth.
The firm, which toppled Hong Kong Exchanges & Clearing Ltd. as the biggest exchange operator earlier this year, will offer futures on Asian equity indexes and commodities as both China and India open their markets to foreigners.