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