Wet Freight Futures and Options

CME Group’s freight futures contracts are designed to meet the needs of the industry for secure and efficient clearing of Freight Forward Agreement transactions.

Following the launch of our first wet freight futures contracts on NYMEX in 2005, CME Group continues to expand its offering in the wet freight market to meet customer demand.

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 and Options 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.

Featured Products

Wet Freight

Our Freight Forward Agreements (FFAs) Futures and Options are designed to meet the needs of the industry for secure and efficient clearing of over-the-counter transactions. Wet freight forward agreements are a fundamental part of any global trading activities in crude oil, refined products, natural gas liquids as well as liquid natural gas.

Clearing Globex Floor ClearPort Product Name Exchange Product Group Subgroup Category Subcategory Cleared As Volume Open Interest
TL TL - TL Freight Route TD3C (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 1,005
FLP FLP - FLP Freight Route Liquid Petroleum Gas (Baltic) Future NYMEX Energy Freight Wet Outrights Futures 0 661
T2D T2D - T2D Freight Route TD20 (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 429
TM TM - TM Freight Route TC2 (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 241
TC6 TC6 - TC6 Freight Route TC6 (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 240
TH TH - TH Freight Route TC5 (Platts) Futures NYMEX Energy Freight Wet - Futures 0 115
FRC FRC - FRC Freight Route TC14 (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 110
TC9 TC9 - TC9 Freight Route TC9 (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 0
T5C T5C - T5C Freight Route TC15 (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 0
TD8 TD8 - TD8 Freight Route TD8 (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 0
TK TK - TK Freight Route TD7 (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 0
FRS FRS - FRS Freight Route TC12 (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 0
TCF TCI - TCF Freight Route TC5 (Platts) Average Price Options NYMEX Energy Freight Wet - Options 0 0
TCW TCW - TCW Freight Route TC2 (Baltic) Average Price Options NYMEX Energy Freight Wet - Options 0 0
TDT TDT - TDT Freight Route TD3C (Baltic) Average Price Options NYMEX Energy Freight Wet - Options 0 0
Trade Date: 16 Feb 2018 | FINAL