Euronext Annonce Le Lancement De Son Complexe Colza

Back

Paris – 29 October 2014 – Euronext, the leading exchange in the Euro zone, is announcing the launch on 14 November 2014 of a full Rapeseed derivatives solution. The only product of its type to include such a wide range of products, it will allow the industry to trade individual futures and options contracts for rapeseed grain, meal and oil. Euronext is the first exchange in the world to offer this combination of hedging instrument for rapeseed.

The new rapeseed derivatives complex will cover:
- Futures and options contracts for rapeseed grain
- Futures and options for rapeseed meal
- Futures and options for rapeseed oil

The three contract combination covers the entire supply chain, offering a solution to the increased volatility of rapeseed oil and meal pricing. It will allow users to manage their entire crushing margin from grain to oil to meal. Rapeseed oil and meal contracts are based on non-GMO references, and thus comply with specifications requested by industry participants. This new rapeseed combination will also service the biodiesel participants in the energy sector since it allows oil blenders to hedge their exposure to this component of biofuels.

Delivery points for the oil contract are the ports of Antwerp, Amsterdam, Ghent and Rotterdam.  Delivery points for rapeseed meal are in Antwerp and Ghent for Belgium; in the lower Rhine valley for Germany; and in Rotterdam for the Netherlands.<

Anthony Attia, Chairman and CEO of Euronext Paris, said: “It is clear that our members find our commodities operations very attractive. Euronext tracks stakeholders’ needs to offer innovative, comprehensive products meeting the very highest standards—a client-oriented approach that is key to positioning ourselves as the market benchmark for milling wheat, rapeseed and corn contracts.

Lionel Porte, Head of Product Development, Commodities, at Euronext, said: “For many years, our rapeseed futures contract has become a European benchmark for rapeseed and oilseed prices on the physical market, with contracts representing 76 million tons of grains, tonnage equivalent, traded since the beginning of this year alone. Our new rapeseed derivatives complex, which enjoys the full support of the industry in Europe, expands our offering in rapeseed oil and meal. It is designed to meet the needs of our European and international users, enabling them to take part in the growth of biofuels and edible oils for food, and increased use of rapeseed meal in animal feed.

Press Release Footer

About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.3 trillion in market capitalisation as of end September 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
For the latest news, follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2024, Euronext N.V. - All rights reserved.