Wed, May 25, 2016
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Futures and Options, Regulatory more

CBOT to limit ag receipts held by non-grain firms

Posted on 06 January 2009

From Reuters: The Chicago Board of Trade requested approval from its regulator, the Commodity Futures Trading Commission, to limit the number of grain shipping
certificates and warehouse receipts that a non-grain firm can hold, an exchange advisory said.

The rule change is designed to reduce the large number of delivery instruments held by non-grain firms and increase the hedging effectiveness of CBOT’s corn, wheat, oat, rice, soybean, soyoil and soymeal contracts, the advisory said….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 46002 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
May 2016
S M T W T F S
« Apr    
1234567
891011121314
15161718192021
22232425262728
293031