Euronext today announced the upcoming launch, pending regulatory review, of three spread contracts on agricultural commodities.
Spread contracts are financially-settled futures contracts whose underlying is a price differential between two different products, and in this case two different futures. The spread contracts will start trading on 14 October 2024.
The three spread contracts have the following underlying products:
- Euronext Milling Wheat no.2 Futures vs CBOT Wheat Futures
- Euronext Milling Wheat no.2 Futures vs CBOT KC HRW Wheat Futures
- Euronext Milling Wheat no.2 Futures vs Euronext Corn Futures
There will be four expiries per year for each spread contract, referring to the…
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