The Dubai Financial Services Authority (DFSA) has announced that the Board of Trade of the City of Chicago (CBOT) has been granted the status of Recognised Body within the Dubai International Financial Centre (DIFC).
David Knott, Chief Executive of the DFSA, commented on Sunday that:
“This recognition will enable the Chicago Board of Trade to provide direct access to its commodities future markets in the United States by authorised customers operating within the DIFC.”
Both CBOT and the Chicago Mercantile Exchange Inc. (CME) are wholly owned subsidiaries of CME Group Inc. CME was granted Recognised Body status by the DFSA in December 2007.
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