The Chicago Board of Trade has announced that FCStone has become an electronic market maker for the CBOT’s Ethanol futures contract.

According to a CBOT release, Senior Vice President of Business Development, Robert D. Ray said, “FCStone brings a wealth of experience and expertise to the CBOT’s Ethanol complex, which we believe has become the benchmark for domestic ethanol prices. Ethanol processors and investors have already noted the improved liquidity that FCStone has brought to our market, and we are committed to working with FCStone and the rest of the biofuels industry to create

FCStone is a broad-based commodity risk management and trading company headquartered in Des Moines, Iowa.