Baltic Exchange reassures frustrated freight futures players, but threat remains
Traders, owners and FFA brokers push the Baltic Exchange to address ‘fundamentals’ of index integrity
The Independent FFA Association (IFFAA) formed in 2023 to coordinate and promote the interests of individuals and companies active in Forward Freight Agreements (FFAs) and related Freight derivative products.
To provide a unique venue for open and unbiased discussions on developments in FFAs. To foster and promote transparency, liquidity and fair competition across our markets. To provide our members with coordination and a common voice in their dealings with exchanges, clearers and other key industry figures.
People who support the work of the Association, and are aged 18 or over, can apply to the Committee to become a member. New members after the initial intake will be voted in by the Committee on simple majority. Membership lasts for one year and may be renewed by subscription
Traders, owners and FFA brokers push the Baltic Exchange to address ‘fundamentals’ of index integrity
Head of derivatives broker Freight Investor Services has been instrumental in setting up new association.
Baltic Exchange appears to have given its blessing to the breakaway organisation.
Making freight-price indices more accurate is the ‘burning issue’, according to chief investment officer of Consortium Maritime Trading
Making freight-price indices more accurate is the ‘burning issue’, according to chief investment officer of Consortium Maritime Trading
Open to all individuals active in using freight indices to trade or for other business activities. An initial joining fee of £400 per company and annual fee of £200 thereafter.
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