Marex Hedging Solutions has executed the first OTC swap referencing the Vesper Butter Price Index.
The launch of the Vesper Butter Price Index introduces an alternative benchmark. The index is set to trade on Euronext from September, expanding the available tools for price risk management in the dairy sector.
At launch, no listed futures contract was available. Following early discussions with Vesper regarding the structure of this new contract, Marex Hedging Solutions established the necessary framework to facilitate trading. We subsequently executed the first OTC transaction referencing the index.
This transaction demonstrates Marex Hedging Solutions’ ability to respond swiftly to developments in commodity markets.
As dairy markets continue to evolve, access to diversified and representative benchmarks will remain essential for effective risk management.
Want to discuss how we can help with your dairy hedging strategy?
Let’s Talk
