Air cargo eyes derivatives market – despite sea freight’s resistance

Lack of investment, rate volatility and low transparency are leading some players in the air freight industry to consider the introduction of a derivatives trade. In a presentation at the World Cargo Symposium in Doha, Eric Hasham, head of market development for NYSE Euronext, argued that the industry could only benefit from creating a commodity index which allowed trades in forward contracts. Read more - http://theloadstar.co.uk/air-cargo-eyes-derivatives-market-despite-sea-freights-resistance/

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