In November 2015, EEX will extend its Freight offering with further product enhancements.
The number of already listed maturities will be increased to 84 consecutive months for Dry Bulk Time Charter Basket Routes and 36 consecutive months for Dry Bulk Trip Time Charter as well as Dry Bulk Voyage Routes. In addition, the product suite will be extended by introducing the Capesize TC5 contract, which in contrast to Capesize TC4 includes the C9 Brazil-China route.
All EEX freight products are listed as Futures at a regulated market under MIFID and qualify as exchange-traded derivatives under EMIR thus leading to efficient settlement processes and reduced collateral costs for clients.
EEX intends to launch these enhancements on 26 November 2015, depending on Client, Clearing Member and Broker readiness. To complete the product range, option contracts are planned to be introduced in Q1 2016.
The following table gives an overview on the product specifications that will be offered for trade registration at EEX.
Please do not hesitate to contact EEX Market Supervision by phone +49 341 2156 222 if you have any further questions.