Financial market turbulence in China and software problems have prompted Deutsche Boerse to delay its planned Asian derivatives exchange and clearing house by about 18 months, three people familiar with the plans said on Wednesday.
The German exchange operator had said in June the Singapore-based Eurex Asia derivatives exchange and clearing house would begin operations in the second quarter of 2016.
Problems with the exchange's C7 clearing software were one reason for the delay, one of the people said. "It's still not working smoothly in some tests," the person said.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
The German exchange operator had said in June the Singapore-based Eurex Asia derivatives exchange and clearing house would begin operations in the second quarter of 2016.
Problems with the exchange's C7 clearing software were one reason for the delay, one of the people said. "It's still not working smoothly in some tests," the person said.
No comments:
Post a Comment