Trading on the Seattle Merc

David R. Capasso

Now valued at $15 billion, the North American nursery/landscape industry has grown too massive financially to be served efficiently by a strictly cash market. An idea whose time has come, the newly formed Seattle Mercantile Exchange (SME) offers the nursery/landscape industry an ideal financing and risk management alternative. The SME provides a centralized market for trading forward contracts and options. The ability to secure inventory, hedge prices, or speculate on nursery stock is a practical alternative to purchasing inventory on the cash market. For nearly 200 years, agrarian industries have benefited from the opportunities created by commodity exchanges. Now nursery industry professionals can reap huge potential earnings from the market efficiencies created by the SME. Written by David R. Capasso, founder of the Seattle Merc, Trading on the Seattle Merc schools industry...

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