GFI is a market leader in providing pricing and risk management tools. It draws on FENICS® knowledge and experience gained from over 20 years of intuitive price discovery software for currency derivative markets. GFI Freight provides access to market prices and related analytical tools for both wet and dry FFAs through a web-based resource, FENICS® Freight. It is designed to give commodity producers, time charterers, ship owners and financial institutions an in-depth understanding of market movements and potential trading opportunities by facilitating price discovery, trends and route analysis and comparision, including chart route history.

Benefits of using FENICS Freight:

• Charting of historical trends in volatility/spreads
• Route analysis functionality to compare and chart route history
• Period analysis functionality to compare route data for months, quarters, half years and calendar years
• Estimation capability for the expected FFA settlement rates for the current month and historical average rate calculations
• Time Charter calculator to determine daily profit opportunity
• Daily summary of market closing prices for both physical and FFA markets including daily physical market commentary
• Daily mark-to-market price levels to update P&L positions in FFA contracts
• FFA options calculator to perform price discovery and sensitivity analysis