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News in brief: Safex to list Sweet Sorghum futures


Safex to list Sweet Sorghum FuturesSafex, the derivatives platform of the Johannesburg Stock Exchange, yesterday (May 19) launched futures and options on Sweet Sorghum. The agricultural stocks are a kind of grass, used for fodder in animal feed.Fees are as follows:Future: R12.00 trading feeR200.00 delivery feeOption: R6.00 trading feeBrown resigns from NZX Geoff Brown has resigned as head of market products at the New Zealand Exchange, after eight years at the company. The exchange said in a statement: “Geoff’s imprint on the first critical phases of NZX’s growth has been considerable.”...

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