As the leader in this exciting and fast-growing space, FIS traded the first of a new round of container freight forward agreement (CFFA) contracts in 2021, settled against independent container benchmarks produced by leading price benchmark providers. Trading along the major Asia-US/Europe and trans-Atlantic front and backhaul routes, container freight derivatives provide a means for the wider market to fix and manage pricing using a tradable cash-settled contract – providing security and flexibility not necessarily available in the physical market. 

FIS has led the drive for CME-cleared contracts on the container freight market, with comprehensive access to virtually all players globally.