Metal Bulletin 58% Fines Iron Ore Swap ... clears on SGX Asiaclear and there has been good interest in it from Iron Ore derivatives traders. The trade was for 20,000 metric tonnes of Iron Ore settling against Metal Bulletins index pricing in April...
The awards will be given out at the SGX AsiaClear awards night on 13 May 2015, as part of Singapore Iron Ore Week. FIS is also in pole position to take first place in a further award – Top Coking Coal IDB – given for the highest volume traded between August 2014 and …
Jul 30, 2015· Iron ore derivatives traded on the Singapore Exchange (SGX) have roughly doubled in volume each year since their launch in 2009 and are expected to reach about a billion tonnes this year.
SGX Platts Iron Ore CFR China (Lump Premium) Swap Final Settlement Price: Cash settlement using the arithmetic average of all The Steel Index (TSI) Iron Ore Fines 62% FE CFR China reference prices in the expiring month, rounded to 2 decimal places.
A career with SGX places you at the epicentre of Asian exchanges and financial markets, join us in shaping the future and be rewarded with opportunities to grow, excel and make a difference. ... Launched AsiaClear futures for iron ore and oil. Established collaboration with China Financial Futures Exchange to develop derivatives markets.
One lot of iron ore lump premium futures contract is equivalent to 100 mt, while one lot of lump premium swaps contract is equivalent to 500 mt. But in practice, a Singapore-based trader said market participants trade 10 lots of lump premium swaps, equivalent to 5,000 mt, in each transaction.
The Quote Overview page gives you a snapshot view for a specific futures symbol. During market hours, delayed exchange price information displays (Futures: 10 minute delay, CST.) and new delayed trade updates are updated on the page (as indicated by a "flash").
Iron Ore, Coking Coal And Steel Derivatives SSY Futures Ltd are authorised and regulated by The Financial Conduct Authority. The content of this presentation is for information purposes only and does not constitute a ... CFR China •Clearing: SGX Asiaclear• ...
"Iron ore fines 62% Fe - CFR China Port" for that given month by The Steel Index. termination of t rading Trading terminates on the last business day of the contract month. If the last business day of the contract month is a Singapore banking holiday, the last trade date will be the business day
SINGAPORE (Sept 18): Investors will now be able to trade Iron Ore Futures Indices on the Singapore Exchange (SGX) Indices Edge. SGX today announced the launch of the Iron Ore Futures Indices, a suite of inverse and leveraged indices that are calculated off the SGX TSI Iron Ore CFR China (62% Fe Fines) Index Futures.
Aug 06, 2015· SGX, which began clearing iron ore derivatives in 2009, saw volume of iron ore swaps, futures and options reach a record high 111 million tonnes in July, according to the bourse's website.
The SGX AsiaClear Iron Ore Futures contract is fully fungible with the SGX Iron Ore Swap contract. Customers with offsetting positions in swap and futures will enjoy margin offset. This multi-instrument model limits any fragmentation of liquidity for the iron ore derivatives market.
Apr 25, 2009· The contract trades in lot sizes of 500 metric tonnes and is cash settled against the monthly average of The Steel Index 62% Iron Ore Fines CFR China reference price, in the expiring month. Exchange clearing by AsiaClear(R) mitigates the counter-party risk in OTC trading of financial iron ore …
SGX AsiaClear is the pioneer commodities OTC clearing service in Asia and enjoys over 90% global market share in the clearing of iron ore swaps. Under the MOU, both exchanges will jointly explore areas of cooperation including product development, market development and information sharing.
Iron Ore Swaps: Cleared Volume Takes Off By Rachel Koning Beals Market Participants ... as the world's largest importer of iron ore. As China's iron ore requirements outpaced supply, a nascent spot market grew to sup- ... and SGX iron ore as a directional market indicator and arbitrage opportunity.
Contract Specifications Description Cash settled futures contract - TSI Iron Ore 62% Fines CFR China Lot Size LCH or NOS: 1,000 mt, SGX: 500 mt Currency US Dollars Pricing US $ per metric tonne Minimum Tick US $ 0.01 Contract Value # Lots x Lot Size x Price Clearing Houses LCH.Clearnet, NOS Clearing, SGX AsiaClear Index Provider The Steel Index (TSI)
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