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.

Read our latest research discussing the increase in Freight futures volume due to rising uncertainties in global shipping.

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.

Related Products

Resources

Contacts

emailfreight@cmegroup.com

emailJoanna McMaster
+44 20 3379 3837

Featured Products

New Freight Route TC17 (Baltic) Futures

Effectively hedge wet freight exposure around the globe with our expanding suite of products now available on NYMEX.

Key benefits

  • Add counterparty risk mitigation through CME Clearing
  • Hedge wet clean freight exposure from Jubail, Saudi Arabia to Dar es Salaam, Tanzania
  • Competitive Fee schedule
  • Straight Through Processing (STP)

Find out more in the latest special executive report and Freight fact card

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 5,832
FLP FLP - FLP Freight Route Liquid Petroleum Gas (BLPG1) (Baltic) Futures NYMEX Energy Freight Wet Outrights Futures 2 919
T2D T2D - T2D Freight Route TD20 (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 825
TH TH - TH Freight Route TC5 (Platts) Futures NYMEX Energy Freight Wet - Futures 0 405
ACB ACB - ACB Freight Route TD22 (Baltic) Futures NYMEX Energy Freight Wet Outrights Futures 0 385
TM TM - TM Freight Route TC2 (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 75
FRC FRC - FRC Freight Route TC14 (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 50
T4D T4D - T4D Mini Freight Route TC14 (Baltic) Daily Futures NYMEX Energy Freight Wet - Futures 0 0
TKB TKB - TKB Freight Route TD7 (Baltic) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
T9B T9B - T9B Freight Route TC9 (Baltic) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
T5C T5C - T5C Freight Route TC15 (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 0
FRS FRS - FRS Freight Route TC12 (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 0
TCW TCW - TCW Freight Route TC2 (Baltic) Average Price Option NYMEX Energy Freight Wet - Options 0 0
USE USE - USE USGC to UK Continent (Platts) Dirty Freight Futures NYMEX Energy Freight Wet Outrights Futures 0 0
T2M T2M - T2M Mini Freight Route TD20 (Baltic) Daily Futures NYMEX Energy Freight Wet - Futures 0 0
T2B T2B - T2B Freight Route TD20 (Baltic) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
T4B T4B - T4B Freight Route TC14 (Baltic) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
FLO FLO - FLO Freight Route Liquid Petroleum Gas (BLPG1) (Baltic) BALMO Futures NYMEX Energy Freight Wet - Options 0 0
TK TK - TK Freight Route TD7 (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 0
AEB AEB - AEB Freight Route TD25 (Baltic) Futures NYMEX Energy Freight Wet Outrights Futures 0 0
TD3 TD3 - TD3 Freight Route TD3C (Platts) Futures NYMEX Energy Freight Wet - Futures 0 0
TMD TMD - TMD Mini Freight Route TC2 (Baltic) Daily Futures NYMEX Energy Freight Wet - Futures 0 0
TLB TLB - TLB Freight Route TD3C (Baltic) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
T6B T6B - T6B Freight Route TC6 (Baltic) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
TC9 TC9 - TC9 Freight Route TC9 (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 0
TCF TCI - TCF Freight Route TC5 (Platts) Average Price Option NYMEX Energy Freight Wet - Options 0 0
USC USC - USC USGC to China (Platts) Dirty Freight Futures NYMEX Energy Freight Wet Outrights Futures 0 0
TLD TLD - TLD Mini Freight Route TD3C (Baltic) Daily Futures NYMEX Energy Freight Wet - Futures 0 0
T8B T8B - T8B Freight Route TD8 (Baltic) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
TB2 TB2 - TB2 Freight Route TC12 (Baltic) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
TD8 TD8 - TD8 Freight Route TD8 (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 0
TC6 TC6 - TC6 Freight Route TC6 (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 0
TDT TDT - TDT Freight Route TD3C (Baltic) Average Price Option NYMEX Energy Freight Wet - Options 0 0
THB THB - THB Freight Route TC5 (Platts) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
FLB FLB - FLB Freight Route Liquid Petroleum Gas (BLPG1) (Baltic) Average Price Option NYMEX Energy Freight Wet - Futures 0 0
T5B T5B - T5B Freight Route TC15 (Baltic) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
TMB TMB - TMB Freight Route TC2 (Baltic) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
T7C T7C - T7C Freight Route TC17 (Baltic) Futures NYMEX Energy Freight Wet Outrights Futures 0 0
T3B T3B - T3B Freight Route TD3C (Platts) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
Trade Date: 07 Aug 2020 | PRELIMINARY

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