CFA and ASX have announced that they have signed a Memorandum of Understanding (MOU) on April 26 2015 at the CFA conference in Hangzhou, China.

CFA and ASX intend to develop a relationship to promote cooperation in areas of common interestwithin the futures markets in Australia and China. In the first instance, this cooperation will involve cross-training of staff and the exchange of information to allow each

organisation to develop its understanding of how the markets and futures products are evolving in both jurisdictions. The initial term of the MOU is five years.

Peter Hiom, ASX Deputy CEO, said: “The MOU enables ASX to develop a better understanding of China’s futures markets at a time when these markets are evolving rapidly, and the trade and investment flows between Australia and China are growing. ASX operates some of the most liquid and mature interest rate and equity derivatives markets in the Asia-Pacific region, and looks forward to learning more about the strong development of the equity and commodity futures markets in China.”

Mr. Liu Zhichao, Chairman of CFA said: “With the joint efforts of both parties, we truly believe that this collaboration will further promote the development of China futures industry. We look forward to working with ASX in the years ahead.”