Argentina To Add More Commod Futures Trade

The Buenos Aires futures market Matba will begin trading U.S. dollar, euro, gold, oil and silver futures in the first quarter of the next year.

The Buenos Aires futures market Matba will begin trading U.S. dollar, euro, gold, oil and silver futures in the first quarter of the next year, The Wall Street Journal reports. It is the oldest Argentine futures market facilitating trade in corn, wheat, soybean and related oilseed products.

Matba has received regulatory approval from the Central Bank of Argentina to trade silver and oil futures. Authorization for other commodities futures trading is expected to follow soon.

Click here for the story from The Wall Street Journal.