- The London Metal Exchange (LME) today launched LMEswaps for all of its non-ferrous metals. The financially settled contracts based on the average monthly price are the first of their type to be traded on-exchange in the world and are designed for participants of the physical industry who need to hedge the monthly average price.
- CME Group announced it has expanded its centrally cleared, over-the-counter (OTC) agricultural swap offering through the introduction of eight new grain and oilseed swaps. The new swaps will be available for clearing on February 13, pending regulatory review.
From the February 01, 2012 issue of Futures Magazine • Subscribe!
