CLTX to launch coal futures

Singapore: Singapore-based Cleartrade Exchange (CLTX) is going to launch coal futures in the first quarter of 2014.

"We will launch API2 (European) and API4 (South African) coal futures products soon, it should be this quarter," said CLTX's CEO Richard Baker during a press conference.

CLTX is also looking to jointly launch new LNG commodity derivatives with its owner European Energy Exchange. [24/01/14]

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