Tradition Financial Services announced the start of a new site for using derivatives and other financial mechanisms for buying and selling a host of forest products. The goal of the site. www.pulpandpaperhedge.com, is to provide independent and impartial pricing and negotiation of financial derivatives for pulp, recovered paper, paper, and packaging.
The goal for pulpandpaperhedge.com is to provide the pulp, paper, recovered paper and packaging industries with a forum for independent price solutions and a vehicle to negotiate hedging transactions. TFS will be a neutral third party to the trading.
The company states that prices posted on the web site com from its network of industry participants, financial institutions and energy trading companies.
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