FIS is the global leader in dry bulk derivatives.
With a pedigree that goes back to the formation of the dry bulk FFA market. FIS has enjoyed sustained growth in each year of operation, and we have established a leading position across commodity markets including Iron Ore, Steel and Scrap, Coking Coal Fuel Oil, Fertilizers, Tanker, and Air Freight. We were the first broker in the cleared Iron Ore Swaps market in 2009, the first in cleared Coking Coal swaps in 2013, and the first to introduce Air FFAs in 2019.
Through our network of offices in London, New York, Dubai, Mumbai, Singapore and Shanghai, our experts offer 24-Hour Coverage and have the experience to understand not only the forces that drive markets, but also how to create products to manage trading opportunities. FIS is present in all major commodity derivatives markets globally and is an IDB participant at The Singapore Exchange, NASDAQ, Chicago Mercantile Exchange, Intercontinental Exchange, European Energy Exchange, Dalian Commodity Exchange, Dubai Mercantile Exchange and the London Metal Exchange, as well as holding a licence to broker FFAs in RMB via Shanghai Clearing House. FIS holds the current chairmanship of the global Forward Freight Agreement Brokers Association and Iron Ore Brokers’ Association.
We serve a global customer base which ranges from US-based hedge funds and investment banks to Australian and South African mining companies, European trading companies, and a global roster of shipowners and operators. In 2019 FIS traded with over 1,000 clients, the majority of which had a balance sheet in excess of USD $100m.