SSY FUTURES LTD PART OF

FREIGHT AND COMMODITY DERIVATIVES

EXPANDING HORIZONS WELCOME TO DERIVATIVES SSY FUTURES LTD Derivatives are used to hedge These contracts are all cash cleared and increasingly also against price movements settled instruments that listed by one of a number of or alternatively speculate give traders exposure to the international exchanges and/ SSY FUTURES LTD We enable clients to manage of course essential and we have effectively within otherwise underlying markets without or clearing houses including financial risk in freight and dry offices in London, Singapore hard to access markets. the obligation to take or make LCH Clearnet, CME, Nasdaq IS A SPECIALIST bulk commodities. We work and New York. This plus the SSY Futures Ltd provides a delivery. Settling against trusted OMX and SGX Asiaclear. DERIVATIVES on behalf of not only freight Simpson Spence Young global comprehensive service covering indices that are compiled We are more than happy to owners and ship owners but also network of 17 offices means all the derivative instruments using transparent mechanisms, advise customers new to this BROKER EMBEDDED financial institutions including we are “always awake” and employed in the international they offer a robust solution process and introduce them to WITHIN SIMPSON banks and hedge funds. Because ready to deal with your needs. dry bulk markets. This includes to price risk in increasingly appropriate clearing brokers. we are an integrated part of the futures, options and swap competitive markets. SSY SPENCE YOUNG, THE wider Simpson Spence Young contracts on Forward Freight Futures Ltd’s broking team WORLD’S LARGEST group we have an informed Agreements (FFAs), Iron Ore, matches buyers and sellers to knowledge of freight and major Coking Coal and Steels. form contracts that are then INDEPENDENT LONDON dry bulk commodity market BERGEN OSLO SHIPBROKER. dynamics. Worldwide reach is ZUG

FOR DETAILED EXAMPLES OF DERIVATIVES TRADING AND CLEARING AS WELL AS A LINK TO OUR SPECIALIST ONLINE TRAINING FACILITY VISIT THE FREE CHARTS SECTION OF OUR WEBSITE WWW.SIMPSONSPENCEYOUNG.COM

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www.simpsonspenceyoung.com 3 WHAT WE CAN DO WHAT MAKES US DIFFERENT

FOR YOU We were pioneers in developing a large and well respected of the added value and synergy the Forward Freight Agreements Research Department whose we offer all group clients. We Using derivatives can help to Beyond this we also assist in market in 1997 and since then sought after monthly Market are represented on all the control exposure to the risk of integrating FFA’s in physical SSY Futures Ltd has grown Barometer reports and market Baltic panels and are founder price movements for freight and trading strategies and providing to include not just freight insight is integral to our dealing. members of the Forward Freight commodities and by clearing technical analysis. We provide derivatives but also iron ore, Trading is conducted via screen Agreement Brokers Association. in recognised exchanges we the physical and fundamental steel and coking coal derivatives. or voice broked. We supply our We are regulated in the UK by can also mitigate counterparty insight into markets that our We are one of the biggest real time and end of day pricing the Financial Conduct Authority risk. We can also help you to special perspective as brokers players in FFA’s and in the to data vendors including (FCA) and in the United States structure your exposure in these of both physical freight and fast growing Iron Ore Futures Bloomberg and Reuters. by the Commodity Futures markets should you wish to derivatives gives us. market, and are major players Trading Commission (CFTC). create an investment strategy. in steels and coking coal. Our Derivatives are now a core part team of expert brokers around of Simpson Spence Young’s total the world are backed up by business and form a key element

WE ARE A LEADING BROKER IN THE FFA AND IRON ORE MARKETS AND AT THE FOREFRONT OF THE RAPIDLY DEVELOPING COKING COAL AND STEELS MARKETS.

www.simpsonspenceyoung.com 5 OUR REPORTS ARE AVAILABLE ONLINE AT MORE FROM SIMPSON SPENCE YOUNG WWW.SIMPSONSPENCEYOUNG.COM. WE SUPPORT THE TRAINING AND DEVELOPMENT SIMPSON SPENCE OF PEOPLE IN OUR INDUSTRY VIA AN ONLINE E-LEARNING PLATFORM, MY CORACLE. YOUNG IS A LEADING WWW.SSY.MYCORACLE.COM GLOBAL SHIPBROKING FIRM. WE WERE ESTABLISHED IN 1880 BY ERNEST SIMPSON, LEWIS SPENCE AND CAPTAIN WILLIAM YOUNG, AND HAVE BEEN GROWING, EVOLVING AND ADAPTING EVER SINCE.

We are objective and Our advice and insights are locations, we effectively provide autonomous brokers with the supported and informed by a round the clock service. Both scale and coverage to service our well-respected Research our London and Singapore hubs the most demanding clients Department, which gathers and employ over 100 people and we and volatile markets across analyses global data and turns it have expanded our US presence the globe. Our expert teams into actionable information for with offices in Connecticut, work in dry cargo chartering, the whole of Simpson Spence Long Island, Houston and Miami. tanker chartering, ship sale Young and its many clients. and purchase, derivatives and Simpson Spence Young has agency and towage. Simpson Simpson Spence Young a solid reputation, a long- Spence Young is constantly operates from 17 offices across standing wealth of experience, expanding its horizons in the globe and employs over and a dynamic future, built line with the dynamic world 400 people. Covering all the on agile responses to ever of shipping and trading. major shipping and commodity changing market conditions.

www.simpsonspenceyoung.com 7 SSY Futures Ltd +44 (0)20 7977 7500 [email protected] www.simpsonspenceyoung.com

LONDON

NEW YORK

SINGAPORE

SSY Futures Ltd SSY Futures Ltd SSY Futures (Singapore) Pte Ltd 46 Southfield Avenue Lloyds Chambers 50 Raffles Place #14-01/02 Three Stamford Landing, Suite 200 1 Portsoken St Singapore Land Tower Stamford, CT 06902 London E1 8PH 048623 Singapore United States Dry: +44 (0)20 7265 1871 Tel: +65 6534 0422 Tel: +1 203 356 2000 IOS: +44 (0)20 7977 7477 Fax: +65 6536 8622 Fax: +1 203 356 2011

SSY Futures Ltd is authorised and regulated in the United Kingdom by the Financial Conduct Authority (FCA) and registered in the United States with the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Authority (NFA). ® SIMPSON SPENCE YOUNG, SSY and the wave logo are trademarks of Simpson Spence Young Ltd © Copyright Simpson Spence Young Ltd 2016