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Coal option volumes reach 2.5m tonnes
14 April 2011
LCH.Clearnet has cleared the first single expiry OTC coal options trades
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LCH.Clearnet
OTC coal options trades
LCH.Clearnet has cleared the first single expiry OTC coal options trades. Initial transactions have totalled 670 lots in API 2 options to date, across both quarterly and calendar tenures, reaching volumes of 2.46 million tonnes.
The use of thermal coal in power generation continues to increase in Asia, driving demand for coal option contracts which offer...
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