LME wants freight trade j-v

Published: Tuesday, 23 February 2010

London Metal Exchange approaches Baltic Exchange on freight forwards joint venture

The London Metal Exchange (LME) has formally approached the Baltic Exchange regarding a joint venture for on-exchange trading of freight forward agreements (FFAs).

The LME has made a number of approaches to Baltic members since early last year regarding the j-v.

“Our original approaches, based on electronic...

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