BIFFEX


Also found in: Acronyms.
Related to BIFFEX: Baltic International Freight Futures Exchange

BIFFEX

(ˈbɪfɛks)
acronym for
(Commerce) Baltic International Freight Futures Exchange, inaugurated in London in 1985
References in periodicals archive ?
Even though BIFFEX ceased to trade in 2002 due to low liquidity, the hedging function of freight derivatives contracts is regarded positively by many in this industry.
Finally, investigation of this issue has important implications for the purposes of futures trading, as the BIFFEX contract was eventually delisted in April 2002.
The BIFFEX average for the first quarter was 2064, its highest ever
continued good dry bulk freight market with the BIFFEX staying close to