LCH.Clearnet launches OTC clearing for freight derivatives

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 processin

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net 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 indvidual account here: