trading briefs

February 24, 2006 By:

THE New York Board of Trade (Nybot) and the Multi Commodity Exchange of India (MCX) have signed a Memorandum of Understanding to explore areas of co-operation that could benefit both exchanges. While Nybot is recognised as the premier soft commodity exchange in the US, and indeed the world, the MCX is held in the same […]

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Sugar traders rail against FMC rule changes

February 17, 2006 By:

MARKET players are looking for loopholes in the new Forward Markets Commission (FMC) standards for sugar futures in order to maintain volatility in the market. Under the new standards, position limits for members have been revised to 100,000 tonnes or 20% of open market interest – whichever is higher – compared with 50,000 tonnes earlier. […]

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