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TMX Group, an operator of cash and derivative markets and clearinghouses across multiple asset classes, has signed a memorandum of understanding (MOU) with Shanghai Clearing House (SHCH), helping propagate a multilateral informational exchange across both businesses, per a recent TMX statement.
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The MOU itself is the first partnership between the two groups, which will look to form a working group to help jointly evaluate multiple business opportunities as well as the development of progressive market solutions. Moreover, one of the ... (read more)