Euronext launched the first cash-settled contract on Durum Wheat in Europe. This contract completes the existing suite of Euronext’s physically-delivered products and allows market participants to benefit from an efficient hedging tool to manage risk in the Durum Wheat market.
- Trade using a true price reference for the Durum Wheat industry
- Avoid risk of inadvertent physical delivery of goods thanks to the cash-settlement
- Trade flat prices on the Euronext Central Order Book (COB)
- Clearing by Euronext Clearing: mitigating risk and ensuring transparency
- Benefit from the cutting-edge trading platform Optiq®
Clear reference prices
The Durum Wheat cash-settled contract is based on the Sitagri European Durum Wheat Index (SEDWI) which represents 6 reference prices from France and Italy:
- France: DAP Port-La-Nouvelle, DAP Rouen and DAP La Pallice
- Italy: DAP Bologna, DAP Altamura and EXW Foggia
The SEDWI index is supplied by Sitagri Index Services, a (BMR) Benchmark Regulation-compliant Price Reporting Agency (PRA).
More about the Durum Wheat contract
More about cash-settled
Seminar
Optimisation and management of durum wheat trading
Organised alongside Sitagri Index Services, Crédit Agricole Italia and CACEIS.
Webinar held in Italian (June 2022)
media
English
Cash-settled or physically delivered commodity derivatives?
Want to understand the difference between a contract with cash-settlement and a contract with physical delivery in the commodities world?
In this video, find out about how they both work how you can manage the price risk using them.