GFI provides execution services in financial iron ore and steel derivatives swap contracts for the following markets.

Cash Settled Swaps

• Monthly
• Quarterly
• Calendar Years
• Spreads
• Options

Cash Settlement

• Monthly calculated average against all index days of the month

Cleared

         SWAPS

• Platts 62%: CME Group, ICE US
• Platts European Hot Rolled Coil (HRC), Ex-Works Ruhr Germany: CME Group
• Platts Steel Billet, FOB Black Sea: CME Group
• Platts HMS 80:20, CFR Turkey: CME Group
• Platts Australian Coking Coal Mid Vol HCC64: CME Group
• Platts Australian Coking Coal Low Vol: CME Group
• Argus Australian Coking Coal Low Vol: CME Group
• CRU US Midwest Domestic Hot Rolled Coil (HRC): CME Group
• TSI 62%: CME Group, LCH, NOS, SGX
• TSI N. Europe, Hot Rolled Coil (HRC): LCH
• TSI S. Europe, Hot Rolled Coil (HRC): LCH
• TSI HMS 80:20, CFR Turkey: LCH
• Umetal China Hot Rolled Ribbed Bar: LCH
• Umetal China Hot Rolled Coil (HRC): LCH
• LME Steel Billet: LCH

        OPTIONS

• TSI 62%:  CME Group, NOS
• Platts 62%: CME Group

OTC contracts

• MBIOI, Platts, TSI: Index based over-the-counter bilateral swaps