The durum-wheat futures contracts that Borsa Italiana launched his month allow pasta-makers to hedge against the volatility of the wheat market. Wheat and grain volatility has increased in the past year, tempting industry heavyweights such as CME Group and IntercontinentalExchange to either acquire wheat-futures exchanges or launch their own. Borsa Italiana's Ennio Arlandi says the limited area where durum wheat is grown makes it volatile.

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