CME Group is seeking to develop the financial and derivatives market in Ukraine for grain and non-agricultural products. The company has signed separate deals with the Government of Ukraine and the National Bank of Ukraine and another with the commodities exchange Ukrainian Futures Exchange (UFE).
The use of electronic trading platform, CME Globex, may also be considered. Through the agreements, CME Group will leverage its technology and expertise to understand and evaluate the financial risks in the region resulting from weather disruption, supply and demand changes and monetary policy decisions.
Click here for the release from PR Newswire.