Shanghai to get container derivatives mart
China Daily | Updated: 2010-02-26 08:00
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A container ship docked in Shanghai. The new forward freight agreements, or FFAs, will be targeted at small- and medium-sized exporters, according to the shipping exchange. Nan Shan |
SHANGHAI: Shanghai Shipping Exchange, based in China's busiest port, intends to set up a container-shipping derivatives market by year-end as the city tries to challenge London as a global center for shipping finance.
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