Marex executes maiden OTC swap for butter index

24th February, 2026

Narayani Srinivasan
New Zealand Dairy

The London-based broker has executed the first over-the-counter (OTC) swap referencing the Vesper Butter Price Index, expanding its coverage of the dairy segment.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP

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