Nybot launches FX futures to support coffee traders
The New York Board of Trade (Nybot) will launch futures in the Colombian peso and Brazilian real next month.
Nybot now lists 29 currency pairs. These are its first Latin American currency products. The cash-settled futures contracts are for 100 million pesos and 100,000 reals (equivalent at present to $46,800 and $46,900 respectively).
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