GlobalDairyTrade confirms no submissions were received in regards to the three minor proposals suggested by GDT on June 8, 2015.
GDT will therefore implement these proposals in late July and the amended market rules will take effect for trading event 145 on August 4.
The three minor proposals are intended to allow GDT to:
- be less prescriptive about the information provided to recognised financial markets
- improve its marketing information available to its Sellers
- increase the fees paid by sellers