OTC Dairy Derivatives

StoneX and Expana will launch OTC dairy derivatives on October 7, 2025, benchmarked against Expana’s EU dairy indices. Initially focusing on fat-filled milk powder and high-protein whey, the collaboration aims to provide granular hedging tools. Integration into StoneX Plus offers seamless access to pricing data, enhancing price discovery and liquidity. The derivatives address the rising need for risk management amid dairy sector volatility. Expansion to other dairy products is planned for a comprehensive risk management ecosystem.