Stonex Financial Europe GmbH (SFEG), a subsidiary of Stonex Group Inc. (Nasdaq: SNEX), announced a collaboration with Expana to launch a new OTC dairy derivatives of the Expana dairy bulletins.
The partnership extends the range of risk management tools available in the global dairy industry and enhances the transparency of prices.
The first conventions will cover milk full of fat and whey high protein milk, with plans to broaden the coverage of additional dairy products over time. Stonex Plus users will gain instant access to Expana’s reported points in the context of their transactions work flow, allowing market participants to make more up -to -date rigs and risk management decisions.
“This collaboration with Stonex marks an important milestone for the dairy industry. By combining Expana’s independent reference points with the incomparable leadership of Stonex in OTC and future dairy markets, we build the tools that will support the most effective and transparent management management for years. Wicks, CEO of the CEO of Expana.
“Our clients in the world dairy sector are increasingly looking for new ways of managing risk and responding to market instability,” said Liam Fenton, world leader of Group Dairy & Food Group, Stonex. “In collaboration with Expana, we give them access to reliable, independent reference points that will help improve liquidity, support more transparent pricing and ultimately enhance risks management across the industry.”