CME Group Completes Acquisition of Kansas City Board of Trade

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CME Group, the world’s leading and most diverse derivatives marketplace, today announced it has completed its acquisition of the Kansas City Board of Trade (KCBT), the leading futures market for hard red winter (HRW) wheat. The completion of the acquisition will provide both CME Group and KCBT customers with greater capital efficiencies, new trading opportunities and additional products to manage their global wheat price risk.

Beginning Monday, December 10, customers will be able to take advantage of the implied spread between these two distinct wheat futures products. The implied inter-exchange KCBT-CBOT Wheat futures spread will be available for trading on CME Globex.

Read at more at PR Newswire.

 


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