Fish Pool is an international

commodity exchange The New York Mercantile Exchange (NYMEX) is a commodity futures exchange owned and operated by CME Group of Chicago. NYMEX is located at One North End Avenue in Brookfield Place in the Battery Park City section of Manhattan, New York City. T ...

located in

Bergen Bergen (), historically Bjørgvin, is a city and municipality in Vestland county on the west coast of Norway. , its population is roughly 285,900. Bergen is the second-largest city in Norway. The municipality covers and is on the peninsula of ...

Norway Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and t ...

that trades salmon

futures Futures may mean: Finance *Futures contract, a tradable financial derivatives contract *Futures exchange, a financial market where futures contracts are traded * ''Futures'' (magazine), an American finance magazine Music * ''Futures'' (album), a ...

contracts. The exchange is 97% owned by the stock exchange in Norway Oslo Børs. Trading at Fish Pool commenced in May 2006. The volumes traded at the exchange represent approximately 10-15% of the annual production of farmed

Atlantic salmon The Atlantic salmon (''Salmo salar'') is a species of ray-finned fish in the family Salmonidae. It is the third largest of the Salmonidae, behind Siberian taimen and Pacific Chinook salmon, growing up to a meter in length. Atlantic salmon are ...

in Norway. The primary objective of the exchange is to facilitate risk management of salmon spot price risk. Salmon farmers (sellers of farmed salmon) and processors (buyers of salmon) are examples of entities that use futures contracts for risk management of salmon spot price risk.

Fish Pool Index

The Fish Pool Index is the corresponding index that is issued each week on the price of salmon. The index is a synthetic market price for fresh

atlantic salmon The Atlantic salmon (''Salmo salar'') is a species of ray-finned fish in the family Salmonidae. It is the third largest of the Salmonidae, behind Siberian taimen and Pacific Chinook salmon, growing up to a meter in length. Atlantic salmon are ...

and quoted in

NOK Nok is a village in Jaba Local Government Area of Kaduna State, Nigeria. The village is an archeological site. Archaeology The discovery of terracotta figurines at this location caused its name to be used for the Nok culture, of which these ...

per kilogram.

References

Fish Pool prices, fantasy or reality?90,000 tonnes of salmon traded at Fish Pool

Academic studies on Fish Pool derivatives

The spot-futures prices relationship on Fish PoolHedging efficiency of Fish Pool futures contractsIs there a risk premium on Fish Pool futures contracts?
{{Authority control Commodity exchanges Stock exchanges in Norway Financial services companies of Norway Financial services companies established in 2006 2006 establishments in Norway