Yesterday, Freight Investor Services brokered the first cleared Cobalt option trade on the CME platform; a Q125 call option in 5tpm.
This trade, negotiated by the FIS battery metals desk, represents another major step in the rapid development of the battery metals market.
Head of Battery Metals Anna Chadwick commented “the welcome addition of options is not only indicative of healthy liquidity in the underlying futures market, but also an exciting and versatile tool for clients to further manage their price risk amidst volatile markets.”
For any further information on battery metal trading, please contact the battery metal desk:
Europe – Anna Chadwick: firstname.lastname@example.org
Europe – Luke Vint: email@example.com
Asia – Lina Liu: linaL@freightinvestor.com
Asia – Bryan He: firstname.lastname@example.org
Tel: +44 207 090 1120