Mauritius exchange set for September launch
Financial Technologies has said its Mauritius-based multi-asset exchange, Global Board of Trade, is set to launch in September. The exchange initially hopes to offer trading on both currency and commodity derivatives. It will offer six major currency pairs, precious metals, base metals, agri-commodities and energy products.
FT Group hopes the bourse will be the gateway for US and European firms to access African and Asian markets. The Indian-based exchange group has delayed the launch of its Singapore Mercantile Exchange and Bahrain Financial Exchange platforms to later this year as well, either side of the Mauritius launch.
New tech stock options on...