The Swedish trading systems developer OM has received a contract for its trading system CLICK from Minneapolis Grain Exchange (MGEX) in the US.
The contract means that OM will act as a Trading Service Partner to Minneapolis Grain Exchange and operate its trading system.
Shrimp on the Minneapolis Grain Exchange? A Thai Trade Office in Minnesota?
Although farmed salmon has yet to make it onto the Minneapolis Grain Exchange, international trade in farmed salmon has boomed as well.
grain delivered against HRS wheat contracts: The Minneapolis Grain Exchange
will now allow foreign (Canadian) hard red spring wheat to be delivered against its HRS wheat futures contract.
The Minneapolis Grain Exchange
has an agreement with DTN to develop cash-settled futures contracts using DTN data.
The magnitude of the world-wide shrimp industry and the sizable volume of consumption of this crustacean in the USA provide sufficient justification for the recent action of the Minneapolis Grain Exchange (MGE) in establishing a centralized facility for openly trading shrimp futures contracts.
In the opinion of this writer, the shrimp industry needs the Minneapolis Grain Exchange futures trading program.