Euronext and Dalian Commodity Exchange sign MOU

Paris – 12 June 2014 – Euronext today announced that it has signed a Memorandum of Understanding (MOU) with the Dalian CommodityExchange (DCE). Its aim is to carry out joint research into the promotion, distribution and trading of commodity products, develop new strategies for improving the safe operation of orderly futures and options markets and discuss the feasibility of cooperatively developing new products.

The two exchanges have agreed a series of engagements to research the demand for commodity products in new geographic areas and to develop strategies for the distribution and trading of these products in safe and orderly markets. Future work will include consideration of the cooperative development of new products that could benefit from international promotion and distribution. In addition, the two exchanges have agreed to mutual support of each other’s commodity derivatives activities in educational programs and at events and conferences.

Dominique Cerutti, CEO of Euronext, said, “This is an important event for both our exchanges and we are extremely honoured to have taken this step with the Dalian CommodityExchange, which is rapidly becoming one of the world’s most important commodities exchanges in the key Chinese market. Our experience has shown that long-term cooperation can produce strong results and we hope that this agreement will be the start of a new chapter in a long-lasting relationship of working together.Our commodities franchise is a fast growing area within Euronext as we launch new products and build our footprint internationally. Today’s signature marks another important moment in its development. ”

Liu Xingqiang, Chairman of DCE, said, “As one of Europe’s leading exchanges, Euronext, with rich experience in derivatives business, technical innovation and global cooperation, can complement DCE in many areas. We will take this memorandum as an opportunity to further enhance and expand the partnership with derivatives markets with Euronext, and further increase our opening-up to the global markets, so as to contribute to the prosperity of the global derivatives market.”

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Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.3 trillion in market capitalisation as of end September 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.
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