Wednesday, April 24, 2024

GDT market rule proposed changes to support next steps for growth

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GDT sought stakeholder feedback throughout June 2015 on four key proposals to further strengthen the independence, transparency and liquidity of the auction platform.
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GDT received submissions from 96 respondents with a broad range of representation from sellers, buyers, financial market participants, industry analysts/commentators and others. 

The results showed support for all proposals, which have been further endorsed by the GDT Advisory Board.

GDT is now proposing to amend the Market Rules to allow the introduction of three of the four proposals; namely Seller Forecast Guidelines, Additional GDT Data and Larger Pools of Demand and Supply. The fourth proposal – Establish Oversight Board – requires further development of the Market Rules and will be subject to a future announcement.

GDT seeks feedback on the Market Rule amendments.  The amendments and a summary of the TNS survey results are detailed in the attached documents below, along with a full version of the edited Market Rules.

GDT invites submissions from stakeholders in writing. Please send your submission to help@globaldairytrade.info. Submissions close on Tuesday 8th September.

Public consultation on proposed major rule changes – August 15

GlobalDairyTrade stakeholder consultation summary

GlobalDairyTrade market rules v5 – Final version with markups fro v4

 

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