History
The Kuala Lumpur Commodity Exchange (KLCE) was the first futures exchange in Malaysia and all of Southeast Asia, established in 1980. In 1996, the Malaysian Monetary Exchange was incorporated to assist in the exchange's expansion to financial futures. The Commodity and Monetary Exchange of Malaysia (COMEX) succeeded the KLCE and the Malaysia Commodity Exchange, a subsidiary of the former KLCE. It merged with the Kuala Lumpur Options and Financial Futures Exchange (KLOFFE) in December 2000 and formed the Malaysia Derivatives Exchange (MDEX).
Read more about this topic: Malaysia Derivatives Exchange
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