What is the Baltic Stock Exchange?
The Baltic Stock Exchange is an organization based in London, which consists mainly of boat brokers, boat owners and cargo charts that provide daily news and information about the naval market. The replacement monitors international transport operations and fluctuations in transport prices. It issues daily prices of market prices and shipping costs that carriers and investors can use to buy futures for freight transport, set conditions for financial agreements and settle the conditions of derivative contracts. The Baltic Stock Exchange acts as a floor for trading with futures. It is a source for naval investors around the world and also by the organizations of carriers.
The Baltic Stock Exchange began as a meeting of the café of London Sea Captains and merchants in the 17th century. The original members have created rules for suitable trade trade, mediated trading with investors and negotiated prices for shipments around the world. Their work laid the foundation for the modern behavior of the stock exchange.
Since 2010, the Baltic Stock Exchange has been owned by herMi members, which numbered around 600 companies and 2,000 individuals. Although the membership consisted mainly of those who consisted in the field of transport, also included financial experts, lawyers and representatives of the insurance. There are no limitations on membership, but members of society were mainly located in the UK or continental Europe. All members must pay membership fees and agree with the "Baltic Code" Baltic Stock Exchange. The code sets certain standards for business with the sender and the code violation may be the reason for withdrawing for membership.
The primary business of the Baltic Stock Exchange is the publication of daily indices on various aspects of the transport industry, including detailed statistics and reading about various futures on transport and transport. Investors and sender to negotiate the accurate information about the maritime market in order to negotiate fair contracts.
exchange uIt holds current data and acts as a floor for futures transactions and exchange. Sellers of maritime and cargo are decided on the basis of publications of the Baltic Stock Exchange and the Baltic Stock Exchange acts as a medium through which they complete their transactions. In this way, the stock exchange is similar to the US -based traders such as Chicago Merchantile Exchange. However, this exchange is publicly traded and deals with more than mere maritime exchange exchanges. It also lacks the main membership that the Baltic Stock Exchange is built in many ways.
The Baltic Stock Exchange is promoted as a company that is for the transport industry and also from it. In addition to working in futures, the stock exchange also plays a major role in shaping the behavior and business practices of the ship's industry as a whole. The replacement regularly operates international seminars on various topics of the transport economy and offers, among other things, training on cargo derivatives, risk management for carriers and investors and trading. Also facilitates an internationally recognized forumTo resolve disputes for contracts and other disputes and maintain the database of those among members who can serve as experts in court proceedings for maritime law.