| Assignment Name:Feasibility Study ?Commodity Exchange Hanover? |
Country: Germany |
| Location within Country:Hannover |
Professional Staff Provided by your Firm: 4 |
| Name of Client: F?rderverein Warenterminb?rse Hanover |
No. of Staff: 16 |
Address:Prinzenstra?e 7
Hanover
Germany
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No. of Staff Months, Duration of assignment: 10 staff-months
Duration: 5 months |
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Start Date:May 1995 |
Completion Date:September 1995 |
Approx. Value of Services:N/A |
| Name of Associated Firm(s) if any:Catalyst Institute, USA |
No. of Months of Professional Staff Provided by Associated Firm(s):30 months |
Name of Senior Staff (Project Director/Coordinator, Team Leader) involved and functions performed:Project Director: Mr. Christian Imo
Team Leader Clearing & Risk Management: Mr. Ludwig Niessen
Team leader Training: Mr. Wolfgang Wainig |
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Narrative Description of Project: |
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The consortium Catalyst and CAPMEX entered into an agreement with F?rderverein (FW) to accomplish two principal tasks: (1) conduct a study of the feasibility of a German Agricultural Futures Exchange for Europe, and (2) develop a detailed design for the proposed exchange along with a step-by-step implementation plan.
The Consortium delivered a detailed, implementable, conceptual design of an agricultural futures exchange that will cover all essential elements of exchange structure and operations. The design was responsive to the German and European needs and circumstances. Eventually the agricultural exchange ?WTB Hanover? was established based on the step-by-step recommendations provided by the Consortium. Ass an additional element, appropriate programs for education and training of market participants were designed.
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Description of Actual Services Provided by your Staff: |
- Project management
- Identification of target groups
- Membership principles
- Products
- Exchange market structure (floor & electronics)
- Financial structure and forecasts
- Trading rules and limits
- Organization of operations
- Information and processing systems
- Education programs
- Implementation plan
- Margins
- Risk limits and risk management
- Clearing
- Selling and dissemination of market data
- Feasibility analysis
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The Capital Market Experts
