CME and JSE to cooperate on corn futures contract

The May 2009, July 2009 and September 2009 expiries of the 100 metric ton contract will be introduced for trading on Wednesday 28 January 2009. Contracts will be listed, traded and settled by the JSE's Safex Agricultural Products Division alongside the other current South African grain contracts.

Rod Gravelet-Blondin, JSE senior general manager, said the deal would promote deeper, more liquid markets in South African domestic maize futures contracts. "This represents a further step toward globali

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