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BNY signs ETF agreement with Shanghai exchange

BNY Mellon and the Shanghai Stock Exchange have signed a memorandum of understanding (MOU) to collaborate on exchange traded funds based on the BNY Mellon depository receipt indices. The ETFs are to be traded on the Shanghai Stock Exchange. The MOU grants exclusivity to the Shanghai stock exchange for the listing of ETFs that utilise the BNY Mellon DR Indices…

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