Interdealer broker GFI Group has introduced cleared over-the-counter dry freight forward freight agreements (FFAs) to its EnergyMatch Europe trading platform. The FFAs will be cleared via LCH.Clearnet and NOS Clearing.
Dorian Benson, head of global dry freight at GFI, says increased interest from customers not directly associated with shipping in the dry freight market has increased liquidity and volatility in the dry freight market, and reduced the clip size of trades.
"Full contracts were utilis
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