Services

A legally binding agreement that gives the purchaser over a period of time the right, but not the obligation, to buy or sell an asset at an agreed price for a specified date in the future.

These contracts can result in a forward contract or a cash settlement against a pre determined reference price over a specified period.

The trading of a pre determined reference price over a specified period of time to initiate a forward contract, or to offset one already established.

Swaps combine a fixed price purchase or sale with an opposing averaging leg to create a cash settled OTC transaction.

Both typically designed to match the customers' physical intake or sales contracts.

The purchase of an asset in one market with the near simultaneous sale of a similar asset into another market or location to benefit from a price differential between the two.