Circular 27/26: Market Announcement - C5TC Timeline Update
Family: BCI
Index: C5TC(180)
Category: Market Annoucement
Further to Circulars 19/25 and 41/24, and following further engagement with the market and CCPs this circular sets out the updated timeline for the C5TC publishing:
Route/Index |
Description |
Action |
Effective Date |
C5TC(180) |
Capesize Timecharter Average |
Cease Publishing |
24/12/27 |
For those requiring this index beyond 2027 it will be available under a Settlement License.
Inline with previous transitions the Baltic will work the market and the Clearing Houses to facilitate an orderly transition of the Open Interest from the old C5TC(180) FFA contract to the new C5TC(182) FFA contract. The CCPs are working towards a transfer within January 2028.
Any questions, please direct your message to balticbroker@balticexchange.com.
MA/Dry/202604/27/R