Dry freight and regulation: Tides of change

As the dust continues to settle after the financial crisis, the dry freight derivatives market, like many others, could face increased oversight of derivative transactions. Traders and brokers of dry bulk forward freight agreements (FFAs) are now trying to anticipate how any new legislation might impact the market.
The fact that at least 90% of all dry bulk FFAs are cleared could make settling into a tighter regulatory regime a lot easier than it would have been a few years ago. Also, the
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