First container derivatives trade could herald booming new market

shipping

UK-based shipping broker Clarkson Securities (CSL) believes it has conducted the first container freight derivatives trade on May 12, hedging the forward price of shipping a container from Shanghai to Europe. The move could herald the start of a new derivatives market.

“It’s a vast and varied area of the market, with a lot of potential,” said John Banaszkiewicz, managing director at global shipping brokerage Freight Investor Services (FIS). “In addition to the currently thriving derivatives mark

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: