Chile’s next derivatives advancements

Author: Danielle Myles | Published: 12 Apr 2012

A local commodity market along with exchange-traded instruments is on the horizon for Chile’s derivative industry.

"Many foreign banks are trying to develop local platforms to offer commodity derivatives," said a Chilean bankers counsel. There are speculative commodity traders in the region, but the clients would be commodity producers looking to hedge.

IFLR understands these efforts...