LCH.Clearnet launches OTC clearing for freight derivatives

LCH.Clearnet has launched an OTC clearing service for the forward freight agreements (FFAs).

The new service covers four wet (crude and refined products) routes and nine dry (dry bulk commodities) routes. It is open to the entire FFA market, and allows OTC brokered or bilaterally executed trades to be registered directly with LCH.Clearnet for clearing.

The service provides the FFA market with all the benefits of broadly based central counterparty services: the elimination of counterparty credit risk, multilateral netting, improved operational efficiency and straight-through

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

Chartis Energy50 2023

The latest iteration of Chartis' Energy50 2023 ranking and report considers the key issues in today’s energy space, and assesses the vendors operating within it

2021 brings big changes to the carbon market landscape

ZE PowerGroup Inc. explores how newly launched emissions trading systems, recently established task forces, upcoming initiatives and the new US President, Joe Biden, and his administration can further the drive towards tackling the climate crisis

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here