Fish Futures

Discussion in 'Commodity Futures' started by BMK, Sep 24, 2022.

  1. Overnight

    Overnight

    Sorry, this futures product will never work.

     
    #21     Sep 25, 2022
  2. piezoe

    piezoe

    o_O Good lord, lets hope so.
     
    #22     Sep 25, 2022
  3. piezoe

    piezoe

    particularly true if you forgo the cash and decide to take delivery in your front yard.
     
    #23     Sep 25, 2022
  4. TheDawn

    TheDawn

    I thought this is a hoax. But it turns out this is a real thing.

    Is this what you are talking about?

    https://www.nasdaq.com/solutions/seafood-derivatives-clearing
     
    #24     Sep 26, 2022
  5. BMK

    BMK

    Yes, that's the Nasdaq page. Apparently the monthly futures contract is for 1000 kg of fish...

    I have no idea if it's possible to trade this in a retail account LOL

    The recent spot price of NQSALMON is 62.91 NOK, which is about 5.88 USD
     
    #25     Sep 26, 2022
  6. Stratter

    Stratter

    Wow, I have never imagined... Although, now that I think about it, why not, when pork belly were a thing...
     
    #26     Sep 26, 2022
  7. I just noticed Salmon yesterday poking around tradingeconomics. This is a CFD of some sort it seems. I just got into eating salmon in 2019 and that does feel like the price move at the store, really sucks.
    [​IMG]
     
    #27     Oct 16, 2022
    newbunch likes this.