LME wants freight trade j-v
Published: Tuesday, 23 February 2010
London Metal Exchange approaches Baltic Exchange on freight forwards joint venture
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...