Nyse Liffe is expecting strong growth in its European agricultural contracts this year, the group’s head of commodity derivatives business development, Aaron Gill, has said.
“We see tremendous opportunities in the ags space, particularly in European wheat”, Gill said. “We’re pretty confident that milling wheat will be our biggest [agricultural] contract within two or three years.”
Asked whether he saw growth in the contracts as investment vehicles, Gill said: “This core liquidity is a fantastic building block for investors. We want to attract market makers.” He discussed the group’s plans for other investment vehicles based on...