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BIFFEX
(redirected from Baltic International Freight Futures Exchange)

   Also found in: Wikipedia 0.02 sec.
AcronymDefinition
BIFFEXBaltic International Freight Futures Exchange


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In January 1985, the Baltic Exchange developed the then known Baltic Freight Index (BFI), which, in May 1985, would become the underlying asset of the Baltic International Freight Futures Exchange (BIFFEX) contract, a contract designed to hedge uncertainty associated with volatile freight rates.
 
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