Subscribe to RSS feedBaltic plans FFA central screen by end of year
by
Michelle Wiese Bockmann, London
—
last modified
Jun 07, 2010 01:59 PM
THE BALTIC Exchange will establish a central screen to trade dry freight derivatives by the end of 2010 in a landmark attempt to capture 30% of market volume.
The screen needs additional, undisclosed investments from brokers and traders in the US$35bn-a-year market and represents a major departure in the Baltic’s traditional 256-year-old role in global shipping.
The proposal was presented for endorsement to Baltic members who trade in...
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