Norway-based Fish Pool has started to offer cleared futures contracts for salmon this week, after successful trials last year.
Traders say it is likely to appeal to processors and suppliers that need to hedge against the hefty price movements that result from fish having to be slaughtered regardless of market demand.
"European markets attract hedgers rather than speculators, but it may prove popular nonetheless," said a London trader. There are plans to extend the product to cod, tuna, herring and mackerel.
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