PARIS, June 12 Euronext said on Thursday it has
signed a memorandum of understanding with China's Dalian
Commodity Exchange to cooperate on research and product
"Future work will include consideration of the cooperative
development of new products that could benefit from
international promotion and distribution," Euronext said in a
"In addition, the two exchanges have agreed to mutual
support of each other's commodity derivatives activities in
educational programs and at events and conferences," it said.
Euronext, which is preparing for an initial public offering
after being spun off by IntercontinentalExchange,
operates Paris-based agricultural derivatives, led by its
European milling wheat contract.
(Reporting by Gus Trompiz and Valerie Parent; editing by Jason