CBMXChina Beijing International Mining Exchange (China; est. 2009)
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Since the opening of CBMX on May 8, 2012, more than 13 million tons of iron ore have been traded.
CBMX and SGX will also explore a medium-term roadmap towards improvement of interaction and risk-transfer between the spot and derivatives markets.
We look forward to working closely with CBMX," said Mr Bocker.
Meanwhile, CBMX has been playing an important role in the factor market construction of Beijing.