Article: CME to launch wood pulp futures

CME to launch wood pulp futures

NEW YORK, April 17 (Xinhua) -- Chicago Mercantile Exchange (CME) announced Tuesday that wood pulp futures and options on futures will be listed exclusively on CME Globex, the exchange's electronic trading platform, scheduled to begin trading in the third quarter of this year.

CME wood pulp derivatives will be the only cash-settled pulp futures and options contracts to be based on the PIX NBSKP Europe Index by FOEX Indexes Ltd, said CME in its latest news release.

FOEX is a private Finland-based independent company that specializes in providing audited, trademarked registered pulp and paper ...

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