Discover a more efficient solution for hedging iron ore price exposure against marginal cost of production swings and supply-side price squeezes.
With CME Group, you can express your views on iron ore price direction with a range of products, including Iron Ore 62% FE CFR China (TSI) Average Price futures and option, and Low Alumina CFR China (TSI) futures.
Up to 45% margin offsets versus other cleared correlated contracts
Capital-efficient margin erosion: you only post margin on the residual risk as the contract month progresses (margin is released LTD+1)
Transparency of the daily settlement mechanism
|Clearing||Globex||Floor||ClearPort||Product Name||Exchange||Product Group||Subgroup||Category||Subcategory||Cleared As||Volume||Open Interest|
|TIO||TIO||-||TIO||Iron Ore 62% Fe, CFR China (TSI) Futures||COMEX||Metals||Ferrous||-||-||Futures||0||1,790|
|ICT||ICT||-||ICT||Iron Ore 62% Fe, CFR China (TSI) Average Price Option||COMEX||Metals||Ferrous||-||-||Options||0||1,230|
|TIC||TIC||-||TIC||Iron Ore 58% Fe, Low Alumina, CFR China (TSI) Futures||COMEX||Metals||Ferrous||-||-||Futures||0||0|