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StoneX and Cotlook to Launch New OTC Cotton Derivatives

GlobeNewswire Inc.·
StoneX and Cotlook to Launch New OTC Cotton Derivatives

StoneX Markets LLC has entered into an exclusive licensing agreement with Cotlook to launch a new suite of OTC cotton derivatives, starting with the Cotlook Brazil Basis Swap. The product addresses growing demand for risk management tools as Brazil has become the world's largest cotton exporter, surpassing the US in the 2023/24 season.

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