China-backed bourse gets nod as Singapore's third futures exchange

China-backed bourse gets nod as Singapore's third futures exchange

Cyclists ride along the Marina Bay waterfront in Singapore, on Friday, Feb. 16, 2018. Photographer: Ore Huiying/Bloomberg

Singapore paved the way for a third derivatives exchange in the city, a month after Deutsche Boerse AG called quits on its ambition for a futures venue in the Asian nation.

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