Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

SGX launches supramax derivative contracts

SGX launches supramax derivative contracts
The Singapore Exchange (SGX) has added to its freight business with new supramax 10TC contracts.

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.