US derivatives market the Chicago Mercantile Exchange has made its second push into Asia this week by striking a deal with the Korea Exchange, the world’s largest stock index futures market, to list one of its flagship contracts.

The CME and the KRX have reached an agreement to list the Asian exchange’s Kospi 200 futures contract, which is based on a stock index of the largest South Korean companies, on the CME’s electronic transaction platform Globex.