Spectron begins brokering softs and ags

Interdealer broker Spectron has launched a soft commodities and agricultural products desk.

The desk is based in London and will cover sugar, wheat, coffee, cocoa, corn and soybean swaps and options markets in US and European time zones.

"A lot of companies who trade energy and environmental products through us also trade softs and agricultural products, and so with the right brokers becoming available it seemed like the right time to extend our experience and expertise into those areas," says Richard Frape, director of market services. "The response has been pretty good so far."

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