Baltic Exchange

Mondo Visione  Nov 8  Comment 
Singapore Exchange Limited (“SGX”) and The Baltic Exchange Limited (“Baltic Exchange”) are pleased to announce that the acquisition of the Baltic Exchange by SGX has been completed today as planned, bringing together complementary...
Reuters  Nov 8  Comment 
Singapore Exchange has completed its takeover of the privately-owned Baltic Exchange, sealing an 87 million pound ($108 million) deal for one of London's oldest institutions, the...
Mondo Visione  Nov 7  Comment 
Singapore Exchange Limited (“SGX”) is pleased to announce that the Court has today sanctioned the proposed scheme of arrangement under Part 26 of the UK Companies Act for the acquisition of The Baltic Exchange Limited (“Baltic...
Mondo Visione  Oct 19  Comment 
Singapore Exchange (“SGX”) today announced that a Court hearing has been fixed for 7 November 2016 to sanction the proposed scheme of arrangement under Part 26 of the UK Companies Act (“Scheme”) for the acquisition of The Baltic Exchange...
Mondo Visione  Sep 26  Comment 
Singapore Exchange (SGX) is pleased to announce that the shareholders of The Baltic Exchange Limited (Baltic Exchange) have today approved all the resolutions required in connection with the proposed scheme of arrangement (“Scheme”) for the...
Reuters  Sep 26  Comment 
* SGX wants to expand presence in shipping (Adds further detail, comment)
Euromoney  Aug 30  Comment 
Singapore’s stock exchange isn’t going to get much more growth from domestic listings, so – like its equivalent in Hong Kong – it is seeking different asset classes and markets. Will Baltic Exchange make any difference?
Mondo Visione  Aug 23  Comment 
Singapore Exchange Limited (SGX) and The Baltic Exchange Limited (Baltic Exchange) are pleased to announce that they have agreed on the terms for a recommended offer by SGX for the entire issued share capital of the Baltic Exchange (Proposed...
Clusterstock  Aug 22  Comment 
SINGAPORE (Reuters) - The Baltic Exchange board has unanimously backed a takeover bid from Singapore Exchange Ltd, a deal that will give SGX access to a trading platform for the multibillion-dollar freight derivatives market. The exchanges have...
Financial Times  Aug 22  Comment 
Mondo Visione  Aug 4  Comment 
Singapore Exchange (SGX) announces that it has agreed with The Baltic Exchange Limited (Baltic Exchange) to proceed with the solicitation of support from shareholders of the Baltic Exchange (Baltic Shareholders) to acquire their issued ordinary...


This article is about the Baltic Exchange. For the Index of dry shipping costs operated by the exchange, see Baltic Dry Index (BDI)

The Baltic Exchange acts as the global marketplace for brokering shipping contracts. It is similar to the New York Merc in that it is a medium for buyers and sellers of contracts and forward agreements (futures) for delivery of dry bulk cargo. Unlike the publicly traded exchanges (NYSE, Chicago BOT, Chicago Merc, etc) the Baltic is owned and operated by the member buyers and sellers. In addition to this, the Baltic does not allow speculative players to trade on its exchange.[1] The exchange maintains prices on several routes for different cargoes and then publishes its own index, the Baltic Dry Index (BDI), as a summary of the entire dry bulk shipping market. This index is very important as it can be interpreted as one of the more accurate leading economic indicators. It also shows where end prices are heading for items using the raw materials that are shipped in dry bulk.


After spending over 250 years at 30 St. Mary Axe in London, the exchange was the target of an Irish Republican Army terrorist attack. The operations moved to Lloyd's of London while renovations occurred. Once it was agreed upon that the site was far too damaged for a restoration, the exchange moved to its current residence next door at 38 St. Mary Axe.


Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki