CME eyes alternative investors

The Chicago Mercantile Exchange is targeting the $1 trillion (€752bn) hedge fund industry by launching a new membership category aimed directly at attracting alternative investors to the market.

The decision to launch the family of funds membership class for hedge funds was approved by the US futures exchange's board of directors last week.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions