FIS has worked closely with the CME and Fastmarkets to offer cleared solutions for market participants – facilitating trading of the newly launched cleared battery metal futures contracts. Our diverse client base and strong data analysis has allowed us to successfully promote the contract to traders and producers alike. Since their launch in December 2020, FIS has dominated brokered market share in the cobalt space, and helped grow liquidity to establish this as the leading global battery-metal futures contact. 

FIS continue to work closely with both Fastmarkets, CME and SGX, to successfully drive forward the CME-cleared lithium hydroxide contract, and the upcoming SGX-cleared battery metals suite.