Tag Archive for 'SAFEX'

JSE adds derivatives: grain specific to silos and more silver and platinum futures

South Africa’s JSE Ltd continues to expand its commodity derivatives range, adding silver and platinum “quanto futures” and it is helping South Africa’s grain market by allowing Safex silo receipts to complete a futures contract, so producers and buyers can trade grain depending on location.

JSE reports 12% jump in commodity derivatives trades in 2010

South Africa’s JSE Ltd traded 2.1 million commodity derivative contracts in 2010, up 12% on the previous year but still below the record 2.5 mn contracts traded in 2008. White maize accounted for 46% of all grains traded on the JSE, wheat accounted for 27% and yellow maize 16%.