For many years, our indices have been produced with the contribution of our Panellists. The relationship between the Baltic and each of our Panellists is built on the basis of confidentiality and trust. Recently, the Baltic became authorised and regulated by the Financial Conduct Authority, which emphasises further our commitment to confidentiality. Panellists are obligated to report to the Baltic, any market participant who, in their opinion, is trying to influence their submission beyond normal interaction and discussion about the Market.
 

The Baltic appreciates and encourages accurate and objective market feedback, which can assist in maintaining and validating both the quality and robustness of our indices.  We also invite members and non-members to engage with our Freight Assessors prior to publication, to give their opinion and/or assessment.  Baltic Assessors do not contribute to the indices, they can use the information received to challenge a Panellists’ assessment.  All information is treated in the strictest confidence.
 

Market participants are advised to act in a manner which could not be misconstrued as an attempt at Panellist coercion or market manipulation, and encouraged to engage with Baltic freight assessors.
 

Anybody who believes that market manipulation is taking place, or is aware of an incident that should be investigated, we encourage you to alert the Baltic immediately and in confidence using any of the following methods:

  1. Send an email with to: whistleblowing@balticexchange.com ; or
  1. Send a typed report in a sealed envelope posted to:

Relevant Prescribed Person, Benchmark Whistleblowing,

The Baltic Exchange Ltd,

38 St Mary Axe,

London EC3A 8EX

United Kingdom
 

You can find out more about Whistleblowing and how the Baltic handles these cases in the Guide to Market Benchmark, section 12.

Any feedback or questions should be directed to balticbroker@balticexchange.com