The Singapore Exchange (SGX) has confirmed a definite start date for when it will begin clearing freight derivatives for 38,000-dwt handysize bulkers.

SGX has said it will launch the new offering on 19 April and another major clearing house, EEX, is aiming for early May, pending regulatory approval.

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The Singapore-headquartered clearing house had previously targeted a launch on 16 April, as TradeWinds reported...