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StoneX and Cotlook to Launch New OTC Cotton Derivatives

Source: GlobeNewswire

Derivatives & VolatilityCommodity FuturesCommodities & Raw MaterialsFintech

StoneX and Cotlook are launching a new over-the-counter cotton derivative aimed at allowing global market participants to hedge basis risk and improve price transparency. The product could enhance risk-management tools in the cotton market, though the article provides no pricing, volume, or expected adoption figures.

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