Scribd Logo
Upload

Welcome to Scribd!

  • Ilija Murisic - Fairplay - UBS Blue Sea Index

    Uploaded by

    akasaka99
    128 views1 page
    Fairplay - Enticing fresh liquidity (Ilija Murisic) Freight, Shipping, FFA, China, Port Congestion Factor, Commodities, Trading, Derivatives, Structured Products, Hybrids, UBS, Baltic Exchange

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Fairplay - Enticing fresh liquidity (Ilija Murisic) Freight, Shipping, FFA, China, Port Congestion Factor, Commodities, Trading, Derivatives, Structured Products, Hybrids, UBS, Baltic Exchange

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    Download as pdf
    128 views1 page

    Ilija Murisic - Fairplay - UBS Blue Sea Index

    Uploaded by

    akasaka99
    Fairplay - Enticing fresh liquidity (Ilija Murisic) Freight, Shipping, FFA, China, Port Congestion Factor, Commodities, Trading, Derivatives, Structured Products, Hybrids, UBS, Baltic Exchange

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    Download as pdf
    of 1
    a es Changing tack Foun waussuncnssrcnsteen ROCKETING refinancing es have pu the ‘banks en ale Lquidty andr remiss ‘wl ema anisue forsiping Gents Ibeondthesub ine is. Finance wed tobe exsytoobtan with net eters margins iting recom nat 2 eee New shipping indices willall isitutions and SS ae ese ee] ena inet sg sh ue ecg “aero Wester franceandtreng ‘erebanandsatiaion mate ta hat ore Can $906 has been sae faces wordnet MS has hecrormousstengthatthe esti reight so aur groups now ‘ctimated Many stipones were cunt T slipping Secio,particularly in launching the Blue Sve nex and a squad and ely revinded lhe pels dry bulk. fas attrected interest group of sub>indices" toot sening fan atte tt fa farbeyood the bounds of uadiional ‘As with eather, investors can range moval Finaing alt wet op shipping investors. Unlike inthe early ftom bg institutions to individuals he ‘omrnght as uy Se up besa banhs private commodity funds, whose deals ual Fauplay, adding hates “want- est utincachetey tring etl ‘were put together around actual vesiels, od tohavea simale way toaccessthe ojeclaiatorsandcausinganostry theattention spansof taday’shyperac- market. We set out make an invest arang Geman hosesandstomaners thehedge fundesrefarshores. They bleindex~nots referenceindex and ier aefaskcts aegis "Ghent ‘want investment ideas reduced ta ‘we wanted tosimplifya lx of complies ngs argon Haaeacin Weinberger, : soundbites and ncarsinstantexccution, ed information into amaceo view. nad tip hance federal staan ‘wanted 0 ‘Anizonyafthepasttwoyearsisthat “The indostry'story, with the China NordlBt sedtobeconmonpracietor h je ibvetobineintomiveyfoeodon the gow. vereampella” ‘owners ean aplication for funding WESSIMPE Baltic Drylndex, buteould not readily ‘Buyers and sellers will be trading an the eutetolanenbuiliagprien ora wayinaccess adel Asratisayatedin ate 20074nd projected vals, wth quarry ner planedacquistiensta second ands! carly 2008 investoesiealsed thatstock val, prised with input foe FFA, gereat kegs pests thematket’ —frietsofmostatthedaeenso Heed brokers. Murisicenplained that “prices oss ut Weinberger nao "Many of a Shipping companiocwere nt directly wil he sourced or ciferentship sins aw “ham erie ramping astandhy ae, tied tothe BDI oreoastituent indices. the mx guid FEA routs" ster asneteaeslormlene Tome! dennand fora readiywads- The UBS market etuies revealed that vee det apa and ovat Leandmasketrespomsiveirstrumest, partenngestioa played a major sole fn liyldeapoestanyine, owners were investment specials at UBS, Dahlman the upsand downs af dry fiat so linen to avi prying theastomary cen Roscandelowhereare creating now Mursic and bis pcouuet designers devel- sion huge tor astandoloas fan." chiles. UBS'sbybrid derivates trading oped weighted ‘congestion factor, tia andi fancearanges executive dtcetoe, ja Musi, ssidhis using data fromm row material ports, ‘sade angst bnterter wa prot” company has succeeded inaffering ~The congestion factor add leverage. sal" than seedon commision instruments fortading weatherand We Watourindes to over-pesform the payee yas? carbon, We'vesten agrestdestofinter- PFA matket,"saidMucisi. Watusad be act edgehas tuned let adsaamage, wi jeosarsing Se FA 7 aT Saewrgimacnron’ — EXDIoiting those ‘arbs’ —“iemmcsusng rae High ship pices and sing operating casts ‘shipping analyst Jon Chappell has pub are already enough rs floan casts go out af ‘TRADERS seek to profit fromarbitrage ‘Freight traders explett suchdifferen- lished research guiding his dlents onto awe franca aety margin eppomumites exploiting dtference tak whenlbinguptimedarter “aed oppartunis gen hat ER ‘aslybewipedout. Siposnen wilnatbe ‘between wolteme thatshauldbe equlvaent ofvoyape eight agansttheratesexeed rates imlled in pub able esape ting interest angi ee

    You might also like