Jump to content

Risk Management Exchange

From Wikipedia, the free encyclopedia

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 30 April 2008.[citation needed] Recyclable paper contracts are currently suspended (as of 2005).[citation needed] 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
[edit]