LCH.Clearnet provides an independent clearing service for Fertilizer Block Futures settled against The Fertilizer Index. This index provides reference prices calculated from data provided by FertlizerWEEK, FERTECON and Argus FMB.
Fertilizer traders, producers and end users are increasingly looking to manage their price and counterparty risk through cleared trading opportunities. By clearing through LCH.Clearnet, clients will benefit from the stability and the implicit security of our default fund
The service launched in October 2009 with strong support from the fertilizer trading community. LCH.Clearnet is committed to working closely with the industry to ensure that our offering reflects the ongoing needs of the marketplace.