Cargill Investor Services, the futures and options broking unit of commodities trading company Cargill, has joined the Italian Derivatives Market (IDEM) - part of the Borsa Italiana - as a general clearing member.Cargill said the decision to join the exchange is part of its drive to provide customers with a comprehensive range of European exchange-traded products.
“The decision to join IDEM was driven by customer demand,” said Marie-Hélène Crétu, director and European leader for Cargill Investor Services. “The exchange has expanded in recent years, and this trend is likely to continue. The addition of IDEM is important for our customers wishing to trade or gain remote access to this market.”
More on Exchanges
China exchange developing technique to reduce margin requirements
Significant global players not on list to join Shanghai Clearing House
Taiex futures set to be followed by other products
New equity options on two exchanges
Sign up for Risk.net email alerts
Nominated for two technology awards
Nominated for post trade technology award
Sponsored webinar: Collateral and counterparty tracking
Isda directors warn on fragmentation, access and liquidity - but expect problems to pass
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.