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SGX freight derivative volumes surge over 500% in 2015

The Singapore Exchange (SGX) saw a 505% increase freight derivatives traded in 2015 to take over a 30% global market share by December.

Marcus Hand, Editor

January 6, 2016

1 Min Read
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Full year freight derivative volumes on SGX in 2015 totalled 278,393 contracts, a 505% increase over the previous year.

SGX said it started 2015 with just a 4% share of freight derivatives market, but this soared to over a 30% share by December last year.

“This was a reflection of two things – huge industry support, and continued acquisition of new customers as we work to increase the pool of freight liquidity to the benefit of all our customers,” it said.

About the Author

Marcus Hand

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

See more from Marcus Hand
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