The Risk Management Exchange (RMX) was a
futures exchange
A futures exchange or futures market is a central financial exchange where people can trade standardized futures contracts defined by the exchange. Futures contracts are derivatives contracts to buy or sell specific quantities of a commodity or f ...
based in
Hannover
Hanover (; german: Hannover ; nds, Hannober) is the capital and largest city of the German States of Germany, state of Lower Saxony. Its 535,932 (2021) inhabitants make it the List of cities in Germany by population, 13th-largest city in Germa ...
,
Germany
Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...
which filed for insolvency in February 2009.
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.
In December 2005 WTB and Dekrebo Kredit Börse merged and the new group was renamed RMX.
As of January 2007, current agricultural commodities traded are
[RMX web site, below]
*
Hogs
*
Piglets
*
Potatoes
The potato is a starchy food, a tuber of the plant ''Solanum tuberosum'' and is a root vegetable native to the Americas. The plant is a perennial in the nightshade family Solanaceae.
Wild potato species can be found from the southern United ...
(three kinds; 'Table', 'European Processing' and 'London')
*
Wheat
Wheat is a grass widely cultivated for its seed, a cereal grain that is a worldwide staple food. The many species of wheat together make up the genus ''Triticum'' ; the most widely grown is common wheat (''T. aestivum''). The archaeologi ...
The contract on brewing
barley
Barley (''Hordeum vulgare''), a member of the grass family, is a major cereal grain grown in temperate climates globally. It was one of the first cultivated grains, particularly in Eurasia as early as 10,000 years ago. Globally 70% of barley pr ...
is suspended as of 30 April 2008. Recyclable paper contracts are currently suspended (as of 2005).{{fact, date=October 2021
Rapeseed was traded in the past.
References
External links
Risk Management Exchange web site(Dead link - 4 January 2010)
Commodity exchanges
Companies based in Hanover
Futures exchanges
Financial services companies established in 1998
Financial services companies disestablished in 2009
German companies disestablished in 2009
German companies established in 1998