Affinity Shipping arranges first LNG freight derivatives trade [Reuters]
TOTAL SA (TOT)
Last total sa earnings: 2/7 04:01 pm
Check Earnings Report
US:NYSE Investor Relations:
total.com/en/investors
Company Research
Source: Reuters
Affinity Shipping arranges first LNG freight derivatives trade - Reuters 2 Min Read LONDON, July 18 (Reuters) - * Liquefied natural gas (LNG) brokerage Affinity Shipping said it had arranged the first LNG freight derivatives trade, settled against Baltic Exchange spot price assessments. * The trade was between Total Gas & Power and Glencore and was arranged over-the-counter by Affinity Financial Products. * Tight vessel availability last winter quadrupled charter rates which are a key component of spot LNG trade, dictating the way the super-cooled gas is transported. * As LNG traders seek to build trade volumes their exposure to volatility in freight rates increases. * “With liquidity increasing in the LNG market in recent years, freight has come under the spotlight as participants look to manage their exposure to vessel spot rates,” said Benjamin Gibson, head of LNG derivatives at Affinity. * “Using the Baltic Exchange’s rate assessments we are able to help clients benchmark their fr
Show less
Read more
Impact Snapshot
Event Time:
TOT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TOT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TOT alerts
High impacting TOTAL SA news events
Weekly update
A roundup of the hottest topics