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FMC may step in to cool prices
Mulls ‘trade-to-trade’ deposit, as rates break new highs, despite repeated raising of margins.
The Forward Markets Commission (FMC) is mulling a last resort to cool guargum and guarseed prices, through introduction of ‘trade-to-trade’ for the first time in the commodity derivatives market.
Under trade-to-trade, a client must deposit the entire value of the trade upfront. The
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