24 March 2018

Eurex adds agricultural derivatives

20 July 2009  |  1091 views  |  0 Source: Eurex

The international derivatives exchange Eurex today expanded its product range to include the agricultural derivatives asset class.

Since trading commenced today, Eurex clients have been able to trade four new agricultural contracts: futures on European processing potatoes and potatoes for the British market (London Potatoes), and piglet and hog futures.

All four futures are settled in cash, with the market price indices based on recognized price determination as underlyings. Participants will be able to trade all four agricultural contracts free of charge for the rest of July 2009, and from August to October 2009 for only 50 percent of the transaction fee.

"The new derivatives give market participants the opportunity to protect themselves from increasing price risks in the agricultural segment," said Michael Peters, member of the Eurex Executive Board. "Our new contracts are aimed at a broad group of clients, including farmers and agricultural cooperatives, trading and slaughter companies and the processing industry."

Investors can profit primarily from the low correlation between the commodity and capital markets; agricultural futures are an ideal form of risk diversification.

The launch of derivatives trading on Eurex's international platform aims to create an appealing offer in the agricultural futures market and attract new participants to this asset class from the financial sector. Participants from underlying and futures markets in Germany, the Netherlands, France, Switzerland, Scandinavia and the UK indicated great interest in the new Eurex agricultural products during the consultation phase. The product range is set for expansion next year in consultation with market participants.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comVisit http://info.nice.comVisit www.nextgenbanking.co.uk

Top topics

Most viewed Most shared
hands typing furiouslyBitcoin at 50,000 USD?
14531 views 0 | 8 tweets | 5 linkedin
BBVA tests 'invisible payments' technology at inhouse cafeBBVA tests 'invisible payments' technology...
11955 views comments | 16 tweets | 35 linkedin
RBS hatches plan to create digital challenger bankRBS hatches plan to create digital challen...
11552 views comments | 12 tweets | 23 linkedin
Barclays partners seven watch brands for contactless timepiecesBarclays partners seven watch brands for c...
10551 views comments | 14 tweets | 31 linkedin
Germany's N26 readies for US launch with EUR110 million capital injection led by Allianz and TenCentGermany's N26 readies for US launch with E...
8424 views comments | 14 tweets | 10 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job