Tuesday, February 4, 2020

"London Fish Exchange starts salmon trading"

Can yummy derivatives be far behind?
From SalmonBusiness, February 4:

Single centralised venue for global participants trading in aquaculture kicks off with world’s most popular fish.
In a press release, London Fish Exchange (LFEX) has announced that it is selling salmon on its platform.

The secure electronic platform for pricing and trading of European salmon was completed and formally launched in late December 2019.

Based in London and independent, LFEX Trading Platform has been released to a number of counterparties, including Norwegian exporters Seaborn. The business was founded by Swede Tommy Pettersson and Brit John Ersser who both have experience in the finance industry – having managed the rollout of the first real-time electronic equities platform in Europe in 1996 and the world’s first real-time internet based FX platform in 1998....MORE