Excerpt from: Stock Indices CFDs and Spread Bets
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| September 05, 2006 | | The first stock index futures based on mainland China stocks | Singapore, in its continuing quest to become Asia's premier currency and trading center, began trading the first ever stock index futures based on stocks in mainland China. Bloomberg reports on this historic occasion, which will lead to futher spread betting opportunities:
Singapore Exchange Ltd. today began
trading the world's first index futures based on stocks listed
in mainland China, ahead of the planned introduction of such
derivatives in Shanghai....
``Our ability to produce this index futures was never in
doubt,'' Thomas Tey, senior vice president of the Singapore
Exchange said today. ``We're extremely bullish and we expect to
have a very good growth rate.''
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