Fish Pool

Fish Pool is an international commodity exchange located in Bergen, Norway that trades salmon futures contracts. The exchange is 97% owned by the stock exchange in Norway Oslo Børs. Trading at Fish Pool commenced in May 2006. The volumes traded at the exchange represent approximately 10-15% of the annual production of farmed Atlantic salmon in Norway.

Fish Pool ASA
TypeCommodity exchange
LocationBergen, Norway
Founded2006
OwnerOslo Børs (97%)
Key peopleSøren Martens (CEO)
Bente Avnung Landsnes (Chairman)
CurrencyNOK
CommoditiesAtlantic Salmon
IndicesFish Pool Index
Websitewww.fishpool.eu

The primary objective of the exchange is to facilitate risk management of salmon spot price risk. Salmon farmers (sellers of farmed salmon) and processors (buyers of salmon) are examples of entities that use futures contracts for risk management of salmon spot price risk.

Fish Pool Index

The Fish Pool Index is the corresponding index that is issued each week on the price of salmon. The index is a synthetic market price for fresh atlantic salmon and quoted in NOK per kilogram.

gollark: No, it doesn't like that.
gollark: Maybe it'll work if I upload it as gifv, hold on.
gollark: It is a "gif" but "saved".
gollark: yes.
gollark: Why does it use FILE EXTENSIONS? WHy?

References

Fish Pool prices, fantasy or reality?

90,000 tonnes of salmon traded at Fish Pool

Academic studies on Fish Pool derivatives

The spot-futures prices relationship on Fish Pool

Hedging efficiency of Fish Pool futures contracts

Is there a risk premium on Fish Pool futures contracts?

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.