FIS Cooks Up Oil Swap Pricing Service
Freight and commodity derivatives broker Freight Investor Services has launched a new up-to-the-minute bunker fuel pricing service that automatically collates prices from multiple market-makers in three key bunker fuel contracts - Singapore 180CST, Singapore 380CST and Rotterdam 3.5% Sulphur Barges. The prices will displayed via FIS's Bunker trading screen to enable oil swaps traders to hedge the bunker fuel market.
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