The Risk Management Exchange (RMX) was a futures exchange based in Hannover, Germany which filed for insolvency in February 2009.FlexNews - Potatoes and Butter May Revive German Exchange - 11 February 2009 Accessed: 4 January 2010
It was founded as the Warenterminbörse Hannover (Commodity Exchange Hannover, WTB) in 1998 by the German Farmers' Union and a group of financiers. It was Germany's first fully electronic commodity exchange.Time Magazine April 20, 1998 on the foundation of WTB
In December 2005 WTB and Dekrebo Kredit Börse merged and the new group was renamed RMX.Merger of DEKREBO and WTB, press release by WTB and Dekrebo, 22 December 2005, at the RMX web site
As of January 2007, current agricultural commodities traded areRMX web site, below
Hogs Piglets Potatoes (three kinds; 'Table', 'European Processing' and 'London') Wheat
The contract on brewing barley is suspended as of 30 April 2008. Recyclable paper contracts are currently suspended (as of 2005). Rapeseed was traded in the past.
References
External links
Risk Management Exchange web site (Dead link - 4 January 2010)