Risk Management Exchange

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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 30th of April 2008. Recyclable paper contracts are currently suspended (as of 2005). Rapeseed was traded in the past.

References[edit]

  1. ^ FlexNews - Potatoes and Butter May Revive German Exchange - 11 February 2009 Accessed: 4 January 2010
  2. ^ Time Magazine April 20, 1998 on the foundation of WTB
  3. ^ Merger of DEKREBO and WTB, press release by WTB and Dekrebo, 22 December 2005, at the RMX web site
  4. ^ RMX web site, below

External links[edit]