Clearing house European Energy Exchange (EEX) has rolled out a new handysize product on back of record volumes of dry bulk futures business.

The Deutsche Borse subsidiary handled record levels of dry freight futures in the first quarter of the year, boosted by its highest ever monthly volume in March.

Volumes rose 67% to 314,000 lots in the first three months of the year, up from 187,000 lots in the first quarter of 2020.