A Cannabis Futures Market? Seed CX Aims to Pave the Way for Hemp
Posted: Wed Feb 17, 2016 5:29 pm
According to filings with the US Commodity Futures Trading Commission (CFTC), US-based Seed CX (short for Seed Commodities eXchange) has filed an application to become a Swap Execution Facility (SEF) under the name Seed SEF LLC where it aims to act as an institutional trading platform for Hemp-related commodity derivatives contracts, among other tradable instruments.
The filings – accepted early February and still pending by the CFTC – were signed by the company’s president Brian Liston whose background includes investigating market efficiency of Asian exchanges and optimal portfolio construction techniques for risky assets, and who achieved an impressive 5.0 GPA ... (read more)