BMD, DCE sign licensing agreement for futures pricing

The collaboration between BMD and DCE marks an historic milestone in the development of the Asian derivatives market.

KUALA LUMPUR: Bursa Malaysia Derivatives Bhd (BMD) and Dalian Commodity Exchange (DCE) have signed a licensing agreement for the settlement price of soybean oil futures.

The deal marks the first collaboration between a Chinese derivatives exchange and an Asian exchange based outside of the republic.