SGX launched the supramax 10TC contracts for futures, swaps and options on both futures and swaps on Monday.
The contracts add to SGX’s growing freight portfolio, which includes the acquisition of the Baltic Exchange.
“As with our suite of freight derivatives, the contracts will enjoy capital-efficient margin offsets against other freight contracts, as well as our bunker products,” SGX said.
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited. Add Seatrade Maritime News to your Google News feed.