Overview
GBOT has been licensed by the FSC to commence trading on two market segments namely: -
- Currency Derivatives Market Segment
- Commodity Derivatives Market Segment
In the Currency Derivatives Market Segment, GBOT has identified six currency pairs to initiate trading namely: -
- EUR/USD
- GBP/USD
- YEN/USD
- MUR/USD
- ZAR/USD
- CHF/USD
USD would be the base currency for all trades as it is the globally accepted reference currency. The currency of trading would be in USD denomination only. All trades shall initially be cash settled.
In the Commodity Derivatives Market Segment, GBOT shall initiate trading in fourteen commodities from an assortment of sectors. The commodities available for trading would be:-
- Precious Metals - Gold, Silver and Platinum
- Base Metals - Aluminum, Copper, Nickel and Zinc
- Agri-Commodities - Coffee, Sugar, Wheat and Maize
- Energy - ATF and Crude Oil
- Others - CER and Freight Derivatives
(in due course, additional commodities will be made available for trading)
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