As reported in FO Week in August LCH Clearnet
(LCH-C) went ahead with its planned launch of OTC clearing for
forward freight agreements (FFAs) on 13 September (see FO
Week Vol 10 No 30). The clearinghouse confirmed that the
service began with a trade by FFA brokerage Freight Investor
The launch of the FFA service had previously been delayed
because clearing members had not had their end users and
systems adequately prepared for a July start.
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