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February 2001
Bordeaux Futures Plan Creates a Stir
by Jeremy Hay
Within a few months, along with the markets it makes in agricultural commodities such as corn and milled wheat, Euronext (the merged Paris, Brussels and Amsterdam stock exchanges) will open trading in Bordeaux red wine futures. If they are successful, Euronext officials say they foresee creating similar wine futures for other premium winegrowing regions, including California.The Euronext futures (to be called Fine Bordeaux Red Wine Futures Contracts) will be based on Bordeaux wines to be release...
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