LCH.Clearnet's Freight service provides an independent clearing service for the registration of Forward Freight Agreements (FFAs) for 13 most actively traded dry freight routes, as well as options on the four dry timecharter routes: Capesize, Panamax, Supramax and Handysize.
Globally based chartering companies, ship owners and trading companies are increasingly looking to manage their risk through cleared trading opportunities. By clearing through LCH.Clearnet, clients benefit from the stability and the implicit security of our default fund.
Approved Brokers have open and equal access to the service and can register their trades with LCH.Clearnet for clearing through a clearing member of LCH.Clearnet. Trades can be blocked into LCH.Clearnet through 2 regulated trading venues – Baltex, an MTF regulated by the FCA, or Cleartrade Exchange, a Market Operator (RMO) regulated by the Monetary Authority of Singapore (MAS).