Tuesday, November 4, 2014

REUTERS SUMMIT-Mercuria sees traders teaming up with banks on hedging

Posted by My Blog Collection at 8:23 AM

* Mercuria looking to expand third party services LONDON, Nov 4 (Reuters) - Banks and trading houses will join forces to provide hedging services in commodities in the same way that they have provided joint trade finance in the last two years, Mercuria's chief executive Marco Dunand said. Last month Swiss trading house Mercuria completed the purchase of U.S.



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