NZX plans to launch skim milk powder option contract

Sun, 29 Oct 2017

By Tina Morrison Oct. 30 (BusinessDesk) - NZX, the financial markets operator, plans to launch a global skim milk powder option contract in December in response to customer demand. The Wellington-based company said trading volumes in its skim milk powder futures market are up 113 percent this year as interest in its suite of dairy risk management tools increases. The new contract will add to the NZX's existing futures contracts for whole milk powder, skim milk powder, anhydrous milk fat and butter, and its whole milk powder options. "N...

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