Salmon Futures

Swim smoothly through price variations with the new Euronext Cash-settled Salmon Futures, powered by Fish Pool.

Based on the weekly SISALMONI spot index from Sitagri Index Services, a BMR-compliant Price Reporting Agency (PRA), the Euronext Salmon Futures (ESF) is a cash-settled contract that provides a true reference price for the salmon industry.

A tool to protect against price changes of Atlantic salmon

• Avoid unsuitable proxy indices by trading with a true price reference specific to the salmon industry
• Benefit from reduced risk and a simplified settlement process
• Hedge investment and trading portfolios effectively
• Protect against quality concerns in an increasingly volatile market
• Enjoy greater transparency and more trading opportunities
• Mitigate counterparty risk with Euronext Clearing as the central counterparty

Aquaculture-based commodity within the Euronext Group

Existing Salmon Futures denominated in NOK, and based on the Fish Pool Index have been traded as cleared futures since 2007 on the Fish Pool regulated market, which Euronext acquired through Euronext Oslo Børs. 

The current spot price index, Nasdaq Salmon Index will be replaced by the Sitagri Salmon Index (SISALMONI) from week 32 – 2024. NOK-denominated contracts will continue to be available for trading until the end of 2024, after which their trading will cease.  contracts will continue to be available for trading until the end of 2024, after which their trading will cease.

The existing www.salmonprice.com trading system will remain available as an information platform for a determined period with free access for all interested market participants. It is independent of the Euronext trading platform, Optiq.