Trayport in the News
Ginga goes live with electronic coal trading system
Aug 24 2010
Ginga Petroleum, a company offering broking services for the energy markets from Singapore, has gone live with a trading screen for its coal brokers using Trayport’s GlobalVision Broker Trading System. Ginga will list coal swaps products (API2, API4, gC ICE Newc futures) electronically and will also list Indonesian sub-bituminous coal swaps and a sub-bit physical contract.The physical contract is being developed in conjunction with market participants and is based on the specifications of the McCloskey Indonesian Sub-Bituminous FOB Marker Index. The intention is that this contract will bring greater transparency to this market.
