CME Group will open a hub in Sao Paulo, Seoul and Shanghai, according to a source close to the exchange. It is thought that the South American operation will be set up in the third quarter with the others to be rolled out in the following months. The timing of the Shanghai operation is likely to depend on the launch of China Financial Futures Exchange CSI 300 index futures.
Warsaw Stock Exchange will be shopping around for a new trading system after it has changed its ownership structure later in the year. The exchange began looking into the options on offer last year but put...