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According to the document, ICBC Canada (ICBK) and the TMX Group that owns and operates the Toronto Stock Exchange, will work to develop new opportunity for a wide range of financial products including bonds, stocks, interest rate derivatives and commodity derivatives.

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The focus of ICBK-TMX cooperation will include, but not be limited to, the joint product development in multiple asset classes, clearing and settlement products and risk management mechanism.

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Shu Gu, the senior executive vice president of ICBC, expressed his support in a statement [url=http://www.boomjour.com/vans-slip-on-sort.html]vans slip on sort[/url] , "it is a great opportunity to robust the trade between China and Canada. We believe this will also promote the pleasant business relationship with TMX Group."

"This MOU with ICBK represents an important new relationship for TMX Group," said TMX Group CEO Lou Eccleston. "We are pleased to begin work with ICBK to explore ways in which we can collaborate to strengthen our respective organizations and increase our presence in a key global marketplace."

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