They have enough to get things started, but more will need to be onboarded over time. Keep in mind CME only has around 70 in total. So it's not like these markets need an insane amount of FCMs involved.
The more FCMs and contract liquidity the better, of course, like a social network.
Mizuho will certainly be a game changer though, Japan imports the most LNG in the world, and Mizuho is the largest financing source in the sector.
Great, quick hit writeup! Thanks for sharing your thoughts on this recent event for Abaxx.
Thank you James!
Any thoughts on whether you can get enough liquidity for the LNG contract through the confirmed FCMs? And how big of a game changer would Mizuho be?
They have enough to get things started, but more will need to be onboarded over time. Keep in mind CME only has around 70 in total. So it's not like these markets need an insane amount of FCMs involved.
The more FCMs and contract liquidity the better, of course, like a social network.
Mizuho will certainly be a game changer though, Japan imports the most LNG in the world, and Mizuho is the largest financing source in the sector.
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