FIS Completes The First CME Listed Fertilizer Option Trade
Houston/London – March 25th 2024 – Freight Investor Services completed the first listed CME fertilizer option trade, a $340 April NOLA Urea Call Option $5 Premium 15 lots – CME code; UGO
The new Option contract was launched on the 25th March, and the trade done is the latest addition to the growing list of firsts negotiated by the FIS desks.