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Free real-time quotes on Wood Pulp futures and options complete with top bids and offers, daily price tracking, and outright and spread quotes. Launched September 9, 2007 (for trading September 10), CME Wood Pulp futures and options are based on the PIX NBSKP Europe Index™ by FOEX Indexes Ltd. and trade exclusively on the CME Globex® platform virtually 24 hours a day. FOEX Indexes Ltd. is a private, Finland-based independent company that specializes in providing audited, trade-mark registered pulp and paper price indexes. FOEX indexes are widely used in the global forest products industry as benchmarks for cash market transactions and over-the-counter trading. The PIX NBSKP Europe Index focuses on northern bleached softwood kraft pulp of European origin, which comprises the largest category of pulp. Cash-settled CME Wood Pulp futures and options are cleared thru CME Clearing. As the counterparty to every trade, CME Clearing settles accounts, clears trades, collects and maintains performance bonds, regulates delivery and reports data. CME Clearing provides world-class risk management of the credit, operational and legal risks that customers face in OTC trading. Block Trades
Effective October 1, 2007, the minimum block trading threshold for Wood Pulp futures and options will increase to 25 contracts. Block Trades are regulated privately negotiated futures transactions executed apart from the public auction market, either on or off the Exchange trading floor.
Step-by-Step Guide to Block Trades
Block Trading FAQ (PDF)
Up-to-date Block Trades
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