Company:Risk Management Exchange
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Short description: German futures exchange
The Risk Management Exchange (RMX) was a futures exchange based in Hannover, Germany which filed for insolvency in February 2009.[1]
It was founded as the Warenterminbörse Hannover (Commodity Exchange Hannover, WTB) in 1998 by the German Farmers' Union and a group of financiers. It was Germany's first fully electronic commodity exchange.[2]
In December 2005 WTB and Dekrebo Kredit Börse merged and the new group was renamed RMX.[3]
As of January 2007, current agricultural commodities traded are[4]
- Hogs
- Piglets
- Potatoes (three kinds; 'Table', 'European Processing' and 'London')
- Wheat
The contract on brewing barley is suspended as of 30 April 2008.[citation needed] Recyclable paper contracts are currently suspended (as of 2005).[citation needed] Rapeseed was traded in the past.
References
- ↑ FlexNews - Potatoes and Butter May Revive German Exchange - 11 February 2009 Accessed: 4 January 2010
- ↑ Time Magazine April 20, 1998 on the foundation of WTB
- ↑ Merger of DEKREBO and WTB, press release by WTB and Dekrebo, 22 December 2005, at the RMX web site
- ↑ RMX web site, below
External links
- Risk Management Exchange web site (Dead link - 4 January 2010)
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