Freight Investor Services leads the way in the new container futures market, broking the first contracts on The CME Group’s NYMEX, opening the doors to further risk management in the container market. Freight Investor Services (FIS) has facilitated the first trade of the recently launched Container Freight Futures contracts on The CME Group’s NYMEX. FIS .
Prime steel scrap prices were firmly in the crosshairs ahead of March’s ferrous trade, following the announcement that Russia sent troops into eastern Ukraine on Monday February 22 in a move that could threaten the United States’ pig iron supplies and force mills to rely more heavily on prime scrap
Freight Investor Services (FIS) is a leading global brokerage specialising in freight and commodities. As an innovator in the commodity derivatives markets,
The big news for all of those following the container freight futures market is that cleared container freight futures will be listed on CME from 28 February 2022. This will enable companies, to hedge the extraordinarily volatile container freight rates prevalent since Q2 2020 The big news for all of those following the container freight .
By Mike Wackett (The Loadstar) – Volume shippers offered new long-term fixed-rate contracts by container lines are, nevertheless, still keen to keep a foot in the door of the spot market. The.