Editorial - Not yet JADE-ed

In conversation with people across the derivatives industry, there has been so much talk about the launch of Joint Asian Derivatives Exchange (JADE) that one might have been forgiven for expecting it to come out of the blocks with six figure volume, breathless eulogies and everything else short of fireworks and dancing girls. The level of interest has been a testament to the marketing machine of co-owner Chicago Board of Trade (CBoT),...