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Dry Bulk Europe

Derivatives pool saves $500m for paper players

  • News

AROUND $623m in dry freight derivatives were settled without default for November, using a new multilateral netting facility. NOS Clearing said the groundbreaking arrangement had saved traders around $500m in funding requirements.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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