The Singapore Exchange (SGX) has confirmed a definite start date for when it will begin clearing freight derivatives for 38,000-dwt handysize bulkers.
SGX has said it will launch the new offering on 19 April and another major clearing house, EEX, is aiming for early May, pending regulatory approval.
The Singapore-headquartered clearing house had previously targeted a launch on 16 April, as TradeWinds reported...
