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scrap-ex launches PRN Trading Platform

Date: Mon, 11 Jan 2010

scrap-ex, a growing Secondary Commodity Market trading platform, is pleased to announce the launch of PRNs as a product on our trading screen.

We bring simple established trading technology to the PRN market supported via the telephone by a friendly and knowledgeable team.  Our PRN trading platform is anonymous, transparent and fully auditable.

To trade through us simply register on our website www.scrap-ex.com or contact us on 0844 56 76 830.

Gareth Goodall, Director of Markets says:

"This platform has been very successful in other markets. We are confident that it will bring a new and exciting trading dimension to PRNs. It's proven in other markets but what we really want to do now is get out there and find out what PRN market participants want to see. The beauty of the platform is its simplicity and flexibility. We also have a great team of people here which means there will always be someone available for you to speak to on the telephone."

scrap-ex offers full settlement services for PRNs in both spot and forward contracts.

Download the press release in PDF format

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