FIS is a niche player in the fuel oil futures market, targeting traders and users of fuel oil and encouraging the increased use of hedging by shipowners and operators. Fuel oil used as bunkers for the world shipping fleet accounts for more than 400m tonnes of oil products and is closely tied to prices in the crude market.

But until now this market has been hard to trade because cost constraints and contract sizes do not reflect the needs of shipowners.

FIS has responded to the specific needs of companies by developing the Fuel Oil Single Swap (FOSS), a cleared, cash settled fuel oil swap based on the Platts Daily Assessment Price of the main indexes, with a tenor of up to four years.
This allows traders to trade small lots (from 1 metric tonne upwards) to allow a more specific trading contract, fitting the needs of consumers outside of the volume traders.

Servicing the direct consumer and catering for their specific needs is an area that FIS excel, with oil we have focussed on the many ship owners and operators for which oil is a significant portion of overall cost. This has proved very successful and welcomed and we are rewarded with a rapidly growing desk.

FFAS

FFAS

FFAs offer owners, charterers and traders a means of protecting themselves against the inherent volatility of the freight market.
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Iron Ore

Iron Ore

Iron ore futures have emerged as the leading instrument for hedging and risk management for producers and consumers alike.
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Coking Coal

Coking Coal

Freight and iron ore options are used to provide a means of hedging that is closely related to physical positions.
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Steel & Scrap

Steel & Scrap

An indispensable building block of the global economy, changes in the steel market have driven demand for risk management.
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Base Metals & Premiums

Base Metals & Premiums

FIS has expanded its metals market coverage to include the most liquid copper and aluminium premium contracts on CME.
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Fuel Oil

Fuel Oil

Consumers, suppliers and traders can use Fuel Oil Futures to cheaply and simply fix the price of their future bunker fuel needs.
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Fertilizers

Fertilizers

Fertilizer Futures provide a risk management tool which can be traded standalone or combined with freight and other commodities.
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Physical Shipping

Physical Shipping

FIS offers a range of services for clients requiring a bespoke approach to their raw material and shipping requirements.
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