Trading the new BDI Futures contract买卖期货合约新的BDI.pdf

Creating Markets - the Imarex Group Trading the new BDIFutures contract Mikal Boe Imarex Asia Pte Ltd Wednesday 18th June 2008 Creating Markets - the Imarex Group – fast growing commodity exchange • World’s only regulated market for freight swaps, futures and options • Hybrid exchange model with Brokers, E-Trading (Exchange) and Clearing • Founded 2000 – IPO 2005 (OSE: IMAREX) market cap appr NOK 2 Billion • 15% owned by NYMEX Holdings (acquired Oct 2007), 295 employees worldwide • Commodites worth US$200 billion traded via IMAREX Group in 2007 • Over US$10 billion in freigth traded electronically on IMAREX screen in 2007 • Global dry bulk and tanker freight futures and options (15% / 50% market share) Creating Markets - the Imarex Group Imarex Group services and markets The Group serves its members and clients around the world working in four main operational sectors of the commodity markets. • Regulated exchanges and electronic trading platforms • Derivatives clearing and settlement • Derivatives and physical commodity brokerage • Commercial market research and analyses services IMAREX Group operates across the four operational sectors in the following markets: • Dry bulk and tanker freight derivatives • UK, Nordic and European energy derivatives • European and US emissions derivatives • Physical UK, European and US natural gas markets • Crude oil and middle distillates derivatives • Nordic salmon and seafood derivatives • London Metals Exchange derivatives • Weather derivatives • Physical coal • Nuclear fuels Trade via direct membership or