On 10 Aug, 2018, first agreement for THOMSON REUTERS CPT Odessa Milling Wheat (11,5%), September 2018 price assessment, was concluded between Cardiff Сommodities SA and Spike Trade AG in the AgroBrokBot trading system. The contract volume amounted to 5000 MT.
“We are fully satisfied with the results of the first week of AgroBrokBot operations, - noted Andrey Bobyshev, CEO of UCC. – Moreover, we expect further rapid growth of traded volumes as we managed to elaborate a real ‘win-win” system for trading participants. Given that there is no central clearing solution available in the market for Ukraine CPT basis contracts, strategic goal of AgroBroBot is to implement a central clearing product. We expect central clearing to be particularly interesting for the market players trading Ukraine CPT basis contracts”.