globalCOAL launches ARA FOB Barge Index, swap product
globalCOAL has introduced the ARA FOB Barge Index based on their ARA barge contract.
Traders will also be able to trade swaps against the globalCOAL ARA Index on globalCOAL's online trading platform using a new swap product launched off the back of the new index.
The new Amsterdam/Rotterdam/Antwerp index will be based on the same methodology as GlobalCoal's existing Richard's Bay (RB) and Newcastle (Newc) indices. The formula-based index will use data based on firm bids and offers and trades in
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