The Minneapolis Grain Exchange, now known as MGEX, launched Apple Juice Concentrate (AJC) futures and options on August 13, 2012. We asked Layne Carlson, corporate secretary and treasurer of the exchange, for the story behind the new Apple Juice contract. Interview by JLN publisher John Lothian. About the Apple Juice Concentrate Industry The majority of Apple Juice Concentrate is produced in China, South America and Europe. In 2007-08 the Apple Juice Concentrate totaled roughly $3.2 billion in value The Apple Juice Concentrate industry has experienced growth at a rate of roughly 6% per year Source: MGEX
Tag Archives: MGEX
Futures industry self-regulatory organizations form joint committee to address customer segregation issues Blog,Regulation
The NFA released the following statement on January 18: Futures industry self-regulatory organizations form joint committee to address customer segregation issues CME Group and National Futures Association (NFA) today announced, in conjunction with the InterContinental Exchange (ICE), the Kansas City Board of Trade (KCBOT) and the Minneapolis Grain Exchange (MGEX), the formation of a joint committee to review how self-regulatory organizations can strengthen current safeguards for customer segregated funds held at the firm level in light of the MF Global bankruptcy.