Record volumes for SSY / globalCOAL screen

Shipbroker SSY has announced a record number of deals on its online freight derivatives trading platform, run in conjunction with coal trading services provider globalCOAL.

In the third quarter of 2007 the platform experienced year-on-year volume growth of 53%, reaching 3,380 lots, with 97 users logging in to trade.

"We see this as confirmation of the ongoing trend towards screen trading with a greater number of trades taking place in smaller clips," says Duncan Dunn, director of business deve

To continue reading...