CSAV is first line off container swaps starting block
by
Michelle Wiese Bockmann, London
—
last modified
Aug 17, 2010 04:21 PM
CHILE’s CSAV has become the world’s first line to execute a trade in the nascent market for container swaps.
Investment bank Morgan Stanley, which traded the first contract back in January, provided the other side of the transaction.
The breakthrough development from the world’s eighth largest line is viewed as key to growing liquidity for the market for container...
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