Deutsche Börse and EMETRA to Set Up B2B Internet Metal Derivatives Platform
Deutsche Börse and EMETRA, the derivatives arm of London based metal trading marketplace, announced that they will cooperate to set up a B2B internet platform to trade non-ferrous metal derivatives. The new derivatives market is scheduled to go live by the end of January 2001. It will form part of a worldwide, integrated non-ferrous metal marketplace. EMETRA’s physical platform will offer a full range of non-ferrous metals physical products and related services. It is expected to go on-line by the end of July 2000.