NOS Clearing ASA (NOS) is pleased to announce that the cape routes C8 and C9 are now available for clearing.
The underlying contracts are the Baltic assessed timecharter capesize routes C8 Transatlantic RV and C9 Trip Far East. The contracts are settlement against the average of all index days in the delivery month. The closing price is published by the Baltic Exchange. The product structure includes 5 monthly contracts and 5 quarterly contracts and 2 calendar contracts.
Full Product Specification is available in Appendix 5, annex 5C, to the Rulebook.