Page 29 - Global Commodities News Today

Date 26/02/2021 Mettalex, founded by Fetch.ai CEO and early DeepMind investor Humayun Sheikh, has announced today the launch of its decentralized exchange for commodities trading, setting a milestone as the first of its kind in the world. Javelin Global Commodities, a leading trading firm of bulk commodities, will be among the first clients to use Mettalex’s platform to manage risk on commodities exposure.  Being blockchain-agnostic, Mettalex is launching on both Ethereum and Binance Sm...

Moscow Exchange Launches Physically-Deliverable Wheat Futures Date 21/12/2020 On 21 December 2020, the Moscow Exchange Derivatives Market launched trading in a deliverable futures contract on wheat. The new instrument was designed in partnership with VTB Capital to meet the needs of various market participants including agricultural producers, processors, wheat exporters as well as banks, brokers and their clients. The contract is quoted in RUB per ton of class 4 wheat. The contract size i...