GFI and ACM offer online freight derivatives
New York-based brokerage GFI has teamed with shipping brokers ACM in London to offer online freight derivatives trading on GFInet, the firm’s electronic broking platform.
Both the Baltic Exchange – the London-based maritime market – and Norway’s International Maritime Exchange (Imarex) have launched initiatives in the past few months.
The Baltic Exchange established an online exchange and information centre that trades forward freight agreements (FFAs) on April 11. While the Baltic
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