Koch's trading unit is known for having traded the first
oil swap over 25 years ago.
Not exact matches
Dairy - free: I used to make this recipe with a mixture of unsalted butter and
oil, but
over the years I've
swapped out the butter for
oil and found that I liked the cake even better.
Commodity
swaps involve the exchange of a floating commodity price, such as the Brent Crude
oil spot price, for a set price
over an agreed - upon period.