Risk Management 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]
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
[edit]- ^ 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
[edit]- Risk Management Exchange web site (Dead link - 4 January 2010)