World class clearing options for freight are offered by a number of leading international clearing houses.  

Open FFA positions are marked against the Baltic daily settlement price for their respective product and expiry and the clearing exchange and clearing member calculates a daily mark to market calculation which is used for margining.

 

CME Group

Clearing for tanker and gas contracts.

Contracts

TC2 (Baltic) Futures

TC6 (Baltic) Futures

TC7 (Baltic) Futures

TC9 (Baltic) Futures

TC12 (Baltic) Futures

TC14 (Baltic) Futures

TC15 (Baltic) Futures

TC17 (Baltic) Futures

 

TC2 (Baltic) BALMO Futures

TC6 (Baltic) BALMO Futures

TC9 (Baltic) BALMO Futures

TC12 (Baltic) BALMO Futures

TC14 (Baltic) BALMO Futures

TC15 (Baltic) BALMO Futures

 

Mini Freight Route TC2 (Baltic) Daily Futures

Mini Freight Route TC14 (Baltic) Daily Futures

 

TC2 (Baltic) Average Price Option

 

TD3C (Baltic) Futures

TD7 (Baltic) Futures

TD8 (Baltic) Futures

TD19 (Baltic) Futures

TD20 (Baltic) Futures

TD22 (Baltic) Futures

TD25 (Baltic) Futures

 

TD3C (Baltic) BALMO Futures

TD7 (Baltic) BALMO Futures

TD8 (Baltic) BALMO Futures

TD20 (Baltic) BALMO Futures

 

Mini Freight Route TD3C (Baltic) Daily Futures

Mini Freight Route TD20 (Baltic) Daily Futures

 

TD3C (Baltic) Average Price Option

 

LNG Freight Route BLNG1 (Baltic) Futures

LNG Freight Route BLNG2 (Baltic) Futures

LNG Freight Route BLNG3 (Baltic) Futures

 

LPG Freight Route LPG1 (Baltic) Futures

LPG Freight Route LPG1 (Baltic) BALMO Futures

LPG Freight Route LPG1 Average Price Option

General Clearing Members (All)

ABN AMRO Clearing Chicago LLC

ADM Investor Services, Inc.

Advantage Futures, LLC

Barclays Capital Inc.

BMO Capital Markets Corp.

BNP Paribas Securities Corp.

BOCI Commodities and Futures (USA) LLC

BofA Securities, Inc.

BP Energy Company

BP Products North America Inc.

China Merchants Futures (HK) Co., Limited (not actively clearing)

Citigroup Global Markets Inc.

Credit Suisse Securities (USA) LLC

Credit Suisse International

Deutsche Bank AG

Deutsche Bank Securities Inc.

Direct Access USA LLC

Dorman Trading, L.L.C.

E D & F Man Capital Markets Inc.

Eagle Market Makers, Inc.

G.H. Financials, LLC

Gelber Group, LLC

Goldman Sachs & Co. LLC

HSBC Securities (USA) Inc.

Interactive Brokers LLC

INTL FCStone Financial Inc.

Jump Trading Futures, LLC

J.P. Morgan Securities LLC

Macquarie Futures USA LLC

Marex North America LLC

Mizuho Securities USA LLC

Morgan Stanley & Co. LLC

Nanhua USA LLC

NatWest Markets Plc

NatWest Markets Securities Inc.

Nomura Securities International, Inc.

Phillip Capital Inc.

Proxima Clearing, LLC

Rand Financial Services Inc.

RBC Capital Markets LLC

R.J. O'Brien & Associates, LLC

Santander Investment Securities Inc.

Scotia Capital (USA) Inc.

SG Americas Securities LLC

Standard Chartered Bank

Straits Financial LLC

Term Commodities Inc.

TradeStation Securities, Inc.

UBS Securities LLC

Wedbush Securities, Inc.

Wells Fargo Securities, LLC

www.cmegroup.com/trading/energy/freight-futures-and-options.html

EEX Group

Clearing for dry FFAs and Options contracts

Contracts

Baltic Capesize C3 Freight Future

Baltic Capesize C5 Freight Future

Baltic Capesize C7 Freight Future

Baltic Capesize 5TC Freight Future

Baltic Capesize 4TC Freight Future

 

Baltic Panamax P1A Freight Future

Baltic Panamax TA P1E Freight Future

Baltic Panamax Far Est P2A Freight Future

Baltic Panamax Far Est P2E Freight Future

Baltic Panamax Pacific P3A Freight Future

Baltic Panamax Pacific P3E Freight Future

Baltic Panamax 4TC Freight Future

Baltic Panamax 5TC Freight Future

 

Baltic Supramax 10TC Freight Future

Baltic Supramax 6TC Freight Future

 

Baltic Handysize 6TC Freight Future

 

Baltic Capesize 5TC Freight Option

Baltic Capesize 4TC Freight Option

 

Baltic Panamax 4TC Freight Option

Baltic Panamax 5TC Freight Option

 

Baltic Supramax 10TC Freight Option

Baltic Supramax 6TC Freight Option

 

Baltic Handysize 6TC Freight Option

General Clearing Members (Freight)

ABN AMRO Clearing Bank NV

ADM Investor Services International Limited

BNP Paribas S.A.

BPI Financial

Citigroup Global Markets Ltd.

DBS Bank

ED & F Man Capital Markets Limited

Goldman Sachs International

INTL FCStone Ltd.

J.P. Morgan AG

Macquarie Bank International

Marex Financial Limited

Merrill Lynch International

Mizuho Americas

SEB Bank

Societe Generale International Limited



www.eex.com/en/products/global-commodities/freight

ICE

Clearing for tanker & gas contracts.

Contracts

TC2 FFA Northwest Europe to USAC (Baltic) Future

TC6 FFA Skikda to Lavera (Cross Med) (Baltic) Futures

TC7 FFA Singapore to EC Australia (Baltic) Future

TC9 FFA Baltic to UK Continent (Baltic) Future

TC12 FFA WCI to Japan (Baltic) Future

TC14 FFA USGC to Continent (Baltic) Future

TC15 FFA Med to Far East (Baltic) Future

 

TC2 FFA Northwest Europe to USAC (Baltic) Balmo Future

TC6 FFA Skikda to Lavera (Cross Med) (Baltic) Balmo Future

TC7 FFA Singapore to EC Australia (Baltic) Balmo Future

TC9 FFA Baltic to UK Continent (Baltic) Balmo Future

TC12 FFA WCI to Japan (Baltic) Balmo Future

TC14 FFA USGC to Continent (Baltic) Balmo Future

TC15 FFA Med to Far East (Baltic) Balmo Future

 

Daily TC2 FFA Northwest Europe to USAC (Baltic) Mini Future

Daily TC6 FFA Skikda to Lavera (Cross Med) (Baltic) Mini Future

Daily TC12 FFA WCI to Japan (Baltic) Mini Future

Daily TC14 FFA USGC to Continent (Baltic) Mini Future

 

TC2 FFA Northwest Europe To Usac (Baltic) Average Price Options

TC6 FFA Skikda to Lavera (Cross Med) (Baltic) Average Price Options

TC14 FFA USGC to Continent (Baltic) Average Price Options

 

TC2 37 FFA Triangulation with TC14 FFA CPP/UNL Continent to USAC (Baltic) Future

 

TD3C FFA Middle East Gulf to China (Baltic) Future

TD7 FFA UK North Sea to Continent (Baltic) Future

TD8 FFA Kuwait to Singapore (Baltic) Future

TD9 FFA - Caribbean to US Gulf (Baltic) Future

TD17 FFA Baltic to UK Continent (Baltic) Future

TD19 Cross Med (Ceyhan to Lavera) (Baltic) Future

TD20 West Africa To UK Continent (Baltic) Future

TD22 FFA - US Gulf to China (Baltic) Future

TD25 FFA - US Gulf to Med (Baltic) Future

 

TD3C FFA Middle East Gulf to China (Baltic) Balmo Future

TD8 FFA Kuwait to Singapore (Baltic) Balmo Future

TD20 FFA West Africa to UK Continent (Baltic) Balmo Future

 

Daily TD3C FFA Middle East Gulf to China (Baltic) Mini Future

Daily TD7 FFA UK North Sea to Continent (Baltic) Mini Future

Daily TD8 FFA Kuwait to Singapore (Baltic) Mini Future

Daily TD9 FFA Caribbean to US Gulf (Baltic) Mini Future

Daily TD19 FFA Cross Med (Ceyhan to Lavera) (Baltic) Mini Future

Daily TD20 FFA West Africa to UK Continent (Baltic) Mini Future

 

TD3C FFA Middle East Gulf to China (Baltic) Average Price Options

TD7 FFA UK North Sea To Continent (Baltic) Average Price Options

 

 

LPG (BLGP) FFA Middle East Gulf to East 44,000Mts (Baltic) Future

 

LPG (BLPG) FFA Middle East Gulf to East 44,000Mts (Baltic) Balmo Future

 

General Clearing Members (All)

ABN Amro Clearing Bank N.V.

ABN Amro Clearing Chicago LLC

ADM Investor Services International Ltd

ADM Investor Services, Inc

Advantage Futures, LLC

AFS Equity & Derivatives Bv

Aurel BGC

Axpo Solutions Ag

Banca Finnat Euramerica S.P.A

Banca Imi SPA

Banco Santander S.A.

Barclays Bank PLC

Barclays Capital Inc.

Bayerische Landesbank

BGC Brokers LP

BNP Paribas Arbitrage Snc

BNP Paribas SA

BNP Paribas Securities Corp

BNP Paribas Securities Services

Boci Global Commodities (UK) Limited

Bofa Securities Europe SA

Bofa Securities, Inc

Caceis Bank France

Canadian Imperial Bank Of Commerce

Cantor Fitzgerald Europe

Capital Futures Corp

China Merchants Securities (UK) Limited

Citigroup Global Markets Inc

Citigroup Global Markets Ltd

Commerzbank Ag

Concord Futures Corp

Credit Suisse International

Credit Suisse Securities (Europe) Limited

Credit Suisse Securities (USA) LLC

Deutsche Bank Ag

Deutsche Bank Securities Inc.

E D & F Man Capital Markets Inc

E D & F Man Capital Markets Limited

Exane SA

GF Financial Markets (UK) Limited

GFI Brokers Limited

GFI Securities Limited

GH Financials Limited

Global Execution Limited

Goldman Sachs & Co.

Goldman Sachs International

HGNH International Futures Co., Limited

HPC SA

HSBC Bank PLC

HSBC France

ICAP Corporates LLC

ICAP Securities Limited

ING Bank NV

Interactive Brokers (UK) Limited

Interactive Brokers LLC

Intl FCStone Financial Inc

Intl FCStone Ltd

J.P. Morgan Securities LLC

J.P. Morgan Securities PLC

JB Drax Honore (UK) Limited

KGI Futures Co Ltd

Kyte Broking Limited

Macquarie Bank Limited (London Branch)

Macquarie Futures USA LLC

Mako Financial Markets Partnership LLP

Marex Financial

Marex North America LLC

Marex Spectron International Limited

MBG Europe Limited - (In Liquidation)

Mediobanca SPA

Merrill Lynch International

MF Global UK Limited - In Administration  (Suspended)

Mizuho Securities US LLC

Morgan Stanley & Co. International PLC

Morgan Stanley & Co. LLC

Natwest Markets PLC

Nomura International PLC

OTC Europe LLP

Pge Dom Maklerski S.A.

Phillip Capital Inc.

PVM Futures, Inc.

PVM Oil Futures Ltd

PVM Oil Futures Pte. Ltd.

Qube Research & Technologies Limited

R.J. O'Brien & Associates, LLC

R.J. O'Brien Limited

Rand Financial Services Inc

RBC Capital Markets, LLC

RBC Europe Limited

RSJ Securities A.S.

Shell International Trading And Shipping Company Ltd

Skandinaviska Enskilda Banken AB

Societe Generale International Limited

Societe Generale SA

Sucden Financial Limited

TFS Derivatives Limited

Total Gas & Power Ltd

Tower Research Capital Europe Limited

TP ICAP (Europe) SA

Tradition Securities And Futures SA

Tullett Prebon (Europe) Limited

Tullett Prebon (Securities) Limited

Tullett Prebon Americas Corp.

UBS Ag London Branch

Ubs Securities Llc

Unicredit Bank Ag

Vantage Capital Markets LLP

Wedbush Securities, Inc

Wells Fargo Securities, LLC

Xconnect Trading Limited

Yuanta Futures Co., Ltd

 

www.theice.com/products/Futures-Options/Freight

SGX

Clearing for dry FFAs and Options contracts.

Contracts

Baltic Capesize Route C7

Baltic Capesize Route C7 Futures

Baltic Capesize Time Charter Average (4 Routes) Futures

Baltic Capesize Time Charter Average (5 Routes) Futures

Baltic Capesize Time Charter Basket (4 Routes) FFA

Baltic Capesize Time Charter Basket (5 Routes) FFA

 

Baltic Panamax Route P2A

Baltic Panamax Route P2A Futures

Baltic Panamax Route P2E

Baltic Panamax Route P2E Futures

Baltic Panamax Route P3A

Baltic Panamax Route P3A Futures

Baltic Panamax Route P8 Futures

Baltic Panamax Time Charter Average (4 Routes) Futures

Baltic Panamax Time Charter Average (5 Routes) Futures

Baltic Panamax Time Charter Basket (4 Routes) FFA

Baltic Panamax Time Charter Basket (5 Routes) FFA

 

Baltic Supramax Time Charter Average (10 Routes) Futures

Baltic Supramax Time Charter Average (6 Routes) Futures

Baltic Supramax Time Charter Basket (10 Routes) FFA

Baltic Supramax Time Charter Basket (6 Routes) FFA

 

Baltic Handysize Time Charter Average Futures

Baltic Handysize Time Charter Basket FFA

 

Baltic Capesize Time Charter (4 Routes) Average Futures Options

Baltic Capesize Time Charter (4 Routes) Basket FFA Options

Baltic Capesize Time Charter (5 Routes) Average Futures Options

Baltic Capesize Time Charter (5 Routes) Basket FFA Options

 

Baltic Panamax Time Charter Average (4 Routes) Futures Options

Baltic Panamax Time Charter Average (5 Routes) Futures Options

Baltic Panamax Time Charter Basket (4 Routes) FFA Options

Baltic Panamax Time Charter Basket (5 Routes) FFA Options

 

Baltic Supramax Time Charter (10 Routes) Average Futures Options

Baltic Supramax Time Charter (10 Routes) Basket FFA Options

Baltic Supramax Time Charter Average (6 Routes) Futures Options

Baltic Supramax Time Charter Basket (6 Routes) FFA Options

 

Baltic Handysize Time Charter Average Futures Options

Baltic Handysize Time Charter Basket FFA Options

General Clearing Members (All)

ABN Amro Clearing Bank N.V.

ADMIS Singapore Pte. Limited

BNP Paribas Securities Services

CGS-CIMB Securities (Singapore) Pte. Ltd.

Citigroup Global Markets Singapore Securities Pte. Ltd.

Credit Suisse Securities (Singapore) Pte Limited

DBS Vickers Securities (Singapore) Pte Ltd

Goldman Sachs Futures Pte Ltd

INTL FCstone Pte. Ltd.

J.P. Morgan Securities Singapore Private Limited

KGI Securities (Singapore) Pte. Ltd.

Macquarie Futures (Singapore) Pte. Limited

Merrill Lynch (Singapore) Pte Ltd

Mizuho Securities (Singapore) Pte Ltd

Morgan Stanley Asia (Singapore) Securities Pte Ltd

Phillip Futures Pte Ltd

SG Securities (Singapore) Pte. Ltd.

UBS AG

www2.sgx.com/derivatives/products/ffa-capesize-routes?cc=3AF