November 7, 2007 / 11:37 PM / in 10 years

JADE palm oil, rubber futures to shift to SGX

CHICAGO, Nov 7 (Reuters) - The Chicago Board of Trade will halt trade in Joint Asian Derivative Exchange (JADE) products on its electronic platform after Nov. 23, the CME Group said in a notice on Wednesday.

The move is pending regulatory approval to allow both JADE products, rubber futures and crude palm oil futures, to begin trading on the Singapore Exchange (SGXL.SI) on Monday, Nov. 26.

JADE is a venture between the Singapore Exchange and the CBOT, which merged with the Chicago Mercantile Exchange this year to form the CME Group CME.N. (Reporting by Julie Ingwersen; Editing by Marguerita Choy)

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