CME Group to Launch Four New Palm Contracts in July
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CME Group to Launch Four New Palm Contracts in July
Chicago-based CME (NASDAQ:CME), one of the world’s paramount exchange operators, has partnered with Bursa Malaysia Derivatives and Thomson Reuters to extend its suite of agricultural products by adding four new palm contracts, according to a CME statement.
The new contracts broaden CME Group’s offerings within the palm derivatives complex, and will be available for trading on CME Globex, for submission for clearing through CME ClearPort, and should begin trading on July 11, 2016, pending all relevant regulatory review periods. Together with the Crude Palm Oil Futures contract (FCPO), the four products will provide necessary hedging and risk management tools for the ... (read more)
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