MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), is pleased to announce that effective with the February 2018 index roll period, MGEXs flagship Hard Red Spring Wheat (HRSW) futures contract
will be included in the Rogers International Commodity Index (RICI).
That futures contract
expires at the close Thursday, and it lost 3.
Wheat futures contract
is a pilot project, which would be carried out in district Sheikhupura, Muridke and adjoining areas, said in a statement issued here by the commission.
CME Group senior director of metals products Young-Jin Chang said, "This new futures contract
complements our US and European aluminum premium futures contracts
along with our North American physical aluminum contract, and we now have a global suite of aluminum products to better address our customers' risk management needs.
DGCX INRGBP Mini Futures contract
is quoted in British Pounds while DGCX INREUR Mini Futures contract
is denominated in Euros.
Transaction Premium Platts (25MT) futures contract
, which was introduced in April 2012.
DGCX's new polypropylene futures contract
, the first in the Mena region, will create a transparent market and new pricing benchmark for the region, said a statement.
Dubai Gold and Commodities Exchange (DGCX) on Tuesday announced that it will launch its new plastics futures contract
on February 28, 2014.
Dubai: Dubai Gold and Commodities Exchange (DGCX) has launched a Indian Rupees Futures Contract
of a much smaller size that would now allow retail participants to access the futures market and hedge their risks.
A futures contract
is an agreement between a buyer and seller of an underlying asset in which the buyer agrees to buy and the seller agrees to sell that asset at a price agreed upon now for a future date.
CME Group announced several changes to its soft red winter wheat futures contract
W and Stuart, T (2001): "A trading strategy based on the lead-lag relationship between the spot index and futures contract
for the FTSE 1000", International Journal of Forecasting, (17), pp 31-44.