Contracts launched on Monday backed by 14 brokers and 16 warehouses
The Chicago Mercantile Exchange (CME) said
it traded over 400 of its new European Union wheat futures
contracts on their Monday debut, marking a solid start for the
new Merc product.
A total of 411 futures contracts were
traded, which accounts for over 20,000 metric tons of wheat.
According to the CME, trades took place in five delivery months
from December 2016 up to December 2017. Open interest for the
first day of trading stood at 180 contracts.
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