Johannesburg Stock Exchange (JSE) has added a new foreign-referenced wheat contract to its portfolio of commodities offered under license from the CME Group. The new contract offers local market participants with an alternative product, if they see trading opportunities arising on this international benchmark.
The contract is based on soft red winter wheat of the Chicago Board of Trade. The contract has the following expiries, September 2011, December 2011 and March 2012.
Click here for the release from Johannesburg Stock Exchange.