Crunch Risk trades 1,400/T on CME scrap contract
Oct 04, 2012 | 04:57 PM
NEW YORK Crunch Risk LLC traded contracts representing 1,400 gross tons on CME Group Inc.s new No. 1 busheling futures contract Thursday, it said, marking the first midsized trade for the fledgling product.
"This is the first sign of some volume going through, as modest as it might be, and thats a start. My sense is it will garner more and more interest," Crunch Risk chief executive officer André Marshall told AMM.....
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