Although some trading is still done face-to-face between member brokers on “The Floor” of the Exchange, most communications between shipbrokers involved in a fixture are now made by electronic means, since the brokers may be in two or more countries. The Baltic Exchange is in effect a communications hub and a key source of market information. Most London brokers and many overseas brokers are members of the Baltic Exchange.
How has the role of the Baltic Exchange changed in modern times?
Written by Ship Inspection
