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China’s Commodity Exchange has acquired a 49.9% stake in PFTS

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China’s Bohai Commodity Exchange has acquired a 49.9% stake in PFTS Stock Exchange, Ukraine’s second-largest exchange, after Perspective. 

Last year, PFTS handled $3.2 billion in trades, 38% of the volume on Ukraine’s three exchanges.

Two years ago, the Tianjin-based exchange, known as BOCE, purchased the Ukrainian Bank for Reconstruction and Development.

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