The Business Times
SUBSCRIBERS

SGX launches two iron ore contracts

google-preferred-sourceAdd BT as a preferred source
Published Mon, Mar 9, 2015 · 09:50 PM

    Singapore

    THE Singapore Exchange (SGX) on Monday launched two new iron ore derivative contracts to offer better hedging opportunities for lower grade cargoes.

    The new SGX Iron Ore CFR China (58 per cent FE Fines) swap and futures contracts are based on the Metal Bulletin and The Steel Index (TSI) indices respectively and is the result of a widening price spread between high and low-grade iron ore, which have increased the basis risk on hedges.

    SGX

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More