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There's a lot of interest in hedging scrap and rebar ... what's preventing us is a lack of liquidity in (existing) contracts so having a market maker would be lovely to see.
– Antonio Novi
Found on Reuters2 years ago
I've been asked by a few people to trade iron ore on the CME and I was worried because of liquidity, but now that volumes have increased I'll consider it.
Having market makers would make a huge difference. In the current steel contracts there are no market makers, if it's true that there's market makers, we'll be using it, but until I see it I'll doubt it very much.
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"Antonio Novi Quotes." Quotes.net. STANDS4 LLC, 2017. Web. 21 Nov. 2017. <http://www.quotes.net/authors/Antonio+Novi>.
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