
$7.4bn
Notional value of FFA market in 2012
(Billion US $)

1st
FFA traded in 1991 - by CSL

25
Number of staff

14
Languages spoken at CSL
Through Clarkson Securities Ltd we offer comprehensive FFA (Forward Freight Agreement) and specialist commodity derivative broking services to shipping companies, banks, investment houses and other institutions seeking to manage freight exposure by increasing or reducing risk
We evaluate a client's total portfolio of contracts, identify the market and counterparty risks and help them in their decision to adopt bespoke risk management solutions.
Having pioneered the first freight derivative products in the early 1990s, we still dominate the market and have a deserved reputation for sound consultation and best-in-class execution.
Alex Gray
CEO Clarkson Securities Ltd
FFAs are financial instruments traded on a principal-to-principal basis, primarily against the timecharter averages for Capesize, Panamax, Supramax and Handysize vessels. Our dedicated freight options team is also able to provide a full range of options' strategies, tailored to individual client requirements.
Building on our success with FFAs, in the last decade we have expanded our team to one of the largest in the sector and extended our expertise into new areas. These include iron ore swaps - which enable banks, traders, producers and consumers to manage risk and exposure to one of the world's largest dry bulk trades - and container freight derivatives, a new market created by CSL in 2010.
Multinational, multilingual and with a rare blend of youth and experience, the team is based in London and Singapore.
Alex Gray
CEO Clarkson Securities Ltd
It includes people drawn from mainstream shipping who have first-hand knowledge of the physical shipping markets as well as those who have trained in the financial sector and know how those markets operate. This combination gives us unrivalled expertise and knowledge - essential ingredients in our ability to help clients realise their objectives in this fast-moving and volatile business.
Authorised and regulated by the Financial Conduct Authority, we are a founder member of the FFA Brokers Association and apply the highest levels of oversight to all aspects of the business.
FFAs are not for private clients.
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Changing Sides

Revolving Doors

The Futurisation of Swaps

CEO and Panamax FFAs
Clarkson Securities Limited

Cape FFAs
Clarkson Securities Limited

Supramax and Handysize FFAs
Clarkson Securities Limited

Freight Options
Clarkson Securities Limited

Container Freight Derivatives
Clarkson Securities Limited

Iron Ore Swaps
Clarkson Securities Limited

Clarkson Securities Limited
Twitter FFAExperts
On the hook! http://t.co/DkWdr66mD1
CapeFFA: quiet end to wk where bears dominated. Some slight price errosion goday but overall flatter than previous days #freight #shipping
BoxFFA: GRIs scheduled for next wk on TP trades stabilises SCFI, but FE-EU takes further losses #freight #shipping
SmxFFA: support still holding up ppt periods - Jun bid at $8450, Q3 bids settled at $7700 levels #freight #shipping
IOS: rollercoaster AM as volatile mkt hits new lows before stong buying pushes it up agressively. Platts 62% $123.5 (-$2) #commodities