Australian Coking Coal (Platts) Low Vol Swap Futures

  • 7 Dec 2016
  • By CME Group
  • Topics: Metals

CME Group's strong position in coal, iron ore and dry freight markets shows the benefits of clearing coking coal through CME Group.

Coking coal is a key component in steel manufacturing. Our Coking Coal Futures contracts are designed to meet the needs of the industry for secure and efficient clearing of coking transactions. The Australian Coking Coal products provide market users the tools to address price volatility and assist in the price risk management.

The Benefits

  • A long history of proven reliability through CME ClearPort, backed by the strength of CME Clearing
  • Competitive fee schedule
  • Straight Through Processing (STP) directly into customer risk systems
  • Margined efficiently in the portfolio of products cleared through CME ClearPort
  • Futures contracts cleared at CME Group offer full regulatory protection

Key Features of CME Clearing

  • The foundation of CME ClearPort is the strength of the CME Clearing and its market leading risk management. The benefits of CME Clearing include:
    • Instant confirmation that a trade is cleared — no delays while credit checks are carried out
    • A fund that ensures the safety and soundness of customers’ cleared positions
    • 24-hour monitoring by an experienced risk management team.

Contract Specifications

For more information on our coal products, visit cmegroup.com/coal.

About CME Group

As the world's leading and most diverse derivatives marketplace, CME Group is where the world comes to manage risk. Comprised of four exchanges - CME, CBOT, NYMEX and COMEX - we offer the widest range of global benchmark products across all major asset classes, helping businesses everywhere mitigate the myriad of risks they face in today's uncertain global economy.

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