Floor v.s. electronic at LME
/An old-fashioned argument is ongoing at the LME. LME's liquidity roadmap aims to cater for a different audience than the one that uses the floor. Floor traders argue the new contracts will hurt the market.
Read MoreBrokerdealer.eu collects financial industry news, academic financial industry research and organizes events for the financial industry.
<NEWS-KNOWLEGDE-NETWORKING>
Select a category to refine:
An old-fashioned argument is ongoing at the LME. LME's liquidity roadmap aims to cater for a different audience than the one that uses the floor. Floor traders argue the new contracts will hurt the market.
Read MoreReuters reports on HKEx and their challenges to their commodities 'connect' plan.
Read MoreEuronext is set to expand their commodities offering by launching dairy derivatives in milk, butter and whey. As of 31 March, the milk quotas are no longer in force in the EU and the exchange expects demand from users to hedge their risks and anticipate price movements. The dairy complex (futures only) is set to go live on 13 April 2015. No word yet on when options will be launched. The new contract on skimmed powdered milk replaces the old contract that failed to take off. The new dairy complex competes with the offering by competitor Eurex that offers futures on whey, butter and powdered skimmed milk.
Euronext instituted fee waivers for all three contracts untill 30 June 2015.
The full Euronext commodities offering can be found here.
Broker/Dealer is 'News/Knowledge/Networking' for professionals in the Dutch Financial Industry. We follow business developments on the financial markets, clearing matters, regulatory issues and IT related subjects. We intend to provide a platform for easily finding news from around the web but also provide opinions by guest authors. We also gather and distribute studies from academic, regulatory and commercial organisations that are relevant to the industry .
Broker/Dealer is a Bennington BV Initiative
Even though we give it our best effort to make the information here as accurate and legit as possible, we take no responsibility for the content. Sponsors especially bear no responsibility for the content of this site. That is not much different from what any other site tells you in their endlessly long disclaimers. We just make it short and clear. Still want the long version? Click here