Euronext to widen block trade offer to commodities

By Kitco News / January 30, 2018 / www.kitco.com / Article Link

PARIS, Jan 30 (Reuters) -

* Euronext said on Tuesday it will extend its Large-in-Scale (LIS) trade facility to commodity futures in response to interest in block trades.

* Euronext's most active commodity futures contracts, wheat and rapeseed, will be available on LIS Trade, while block trades will be made available for a wide range of Euronext commodity futures contracts. These will include minimum block sizes of 75 50-tonne lots for wheat, 50 lots for rapeseed and 75 lots for maize (corn).

* The services will be live from Feb. 28 following a test period from Tuesday.

* The initiative follows Euronext's expansion of block trading facilities for equities. * For details of the block trade services for commodities: (Reporting by Gus Trompiz and Sybille de La Hamaide; editing by Alexander Smith)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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